Taxes & Economy
PA Senate Budget by the Numbers
Jake Corman, PA Senate Appropriations Chairman, has introduced the Senate Republicans version of the state budget (SB 850). The $27.3 billion General Fund budget represents a $1.7 billion reduction…
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Industry Leaders Fact Check Misleading Severance Tax Report
Last week, the Pennsylvania Budget and Policy Center (PBPC) released a report advocating for a severance tax on natural gas and other extracted natural resources. In response, three of the…
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Read More: Industry Leaders Fact Check Misleading Severance Tax ReportRegulation
Stimulus Money to Help Deal with Pension Crisis?
A number of Pennsylvania House Republicans are proposing using a portion of the federal stimulus money to pay into PSERS, the retirement fund for school employees. The $435 million…
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Commonwealth Foundation Applauds Senate Budget
HARRISBURG, PA — The Commonwealth Foundation today applauded the state Senate for passing a General Fund budget that counters Governor Rendell’s proposal to continue along the failed and unsustainable path…
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Bailouts and the Press
History has a way of repeating itself and all these comparisons between today’s recession and the great depression are sometimes eerily similar. Economic conditions and the popularity of the internet…
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Obama’s New Business Tax Scheme
President Obama is set to unveil a plan to crack down on cabinet members corporations that, in his view, are avoiding paying their share in taxes. Basically the plan…
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Weighted Student Funding Formula
Reason Foundation has a new yearbook and resources on weighted student funding. Weighted student funding is a way for school districts, and states, to fund students instead of school…
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Read More: Weighted Student Funding FormulaState Budget
Pennsylvania Budget Deficit Grows by Nearly $1 Billion
Both the Pennsylvania House Democrats and Republicans are reporting an April General Fund revenue shortfall of $941.5 million. I am still waiting for the report from the Department of…
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Over $4 Million in PA Unemployment Fraud
WGAL has a story on reports from the Pennsylvania Department of Labor and Industry of over $4 million in fraud in unemployment compensation benefits. You can assume there is…
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