Taxes & Economy
Increasing Personal Income Tax Will Increase Volatility (Draft)
The Wall Street Journal ran an article today on the widespread state budget deficits and how this problem will not only persist but worsen in coming years.
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Rendell Budget 2.0
In remarks yesterday, Gov. Rendell announced that he will cut at least $400 million from his earlier spending plan. He then went on to berate himself for being…
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Threat of State Park Closures “Ridiculous”
According to state Senator Mary Jo White, Gov. Rendell ordered every department secretary to issue press releases, blasting the Senate’s proposed budget and the “meanâ€? cuts that would ensue.
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Pennsylvania Deficit Watch: June 2009
The Pennsylvania Department of Revenue released the May revenue collections showing state General Fund revenues are $2.84 billion short for the fiscal year to date. Governor Rendell had estimated…
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Still Looking for Free Market Health Care Proposals
Ryan Ellis has a good post over on RedState on the Congressional Republican health care plan (see previous post here) and offering much more serious proposal for transforming…
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Budget deficit was predicted, and ignored.
This was our blog post from July 04, 2008…yes, Independence Day, but also the day Gov. Ed Rendell signed the 2008-09 budget despite clear evidence that it was unrealistic in…
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PA Senate Passes Spending Transparency
Legislation which we have discussed many times on this blog (see previous posts here and here, and Elizabeth Bryan’s commentary here) to create an online database…
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Pennsylvania Budget Deficit Reaches $2.8 Billion
The latest report from the PA Department of Revenue, through the end of May, indicate that Pennsylvania’s General Fund revenue shortfall has now reached $2.8 billion for the fiscal…
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Another Bad Pension Proposal
The Post-Gazette has a story of another reform to municipal pension plans. The plan would be to put all new municipal employees into a statewide, defined benefit pension system.
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