Taxes & Economy
Are corporations dodging taxes?
The AP had a story yesterday headlined, “Most companies in US avoid federal income taxes” (full study). Governor Rendell frequently makes this claim as well, when defending Pennsylvania’s…
Media
Read More: Are corporations dodging taxes?Regulation
PA Lottery lags overall economic growth
There have been seemingly conflicting media reports on the Pennsylvania’s Lottery growth. Tom Barnes in the Post Gazette repeats, without analysis, the state revenue department’s self-congratulatory release by writing…
Media
Read More: PA Lottery lags overall economic growthState Budget
Gambling in PA … with a $28 billion budget
No one can say we didn’t warn lawmakers that their 4.06% increase in spending for the 2008-09 fiscal year was not fiscally prudent. The AP reports that Rendell,…
Media
Read More: Gambling in PA … with a $28 billion budgetState Budget
Will this budget’s ink be red in 2009?
No, that’s not our headline, but Pete DeCoursey‘s at Capitolwire.com…
Media
Read More: Will this budget’s ink be red in 2009?Regulation
House Republicans Highlight Debt, Rendell Spending
AP article on House Republicans (at least some of them) noting the enormous burden of debt on Pennsylvania taxpayers before voting on more borrowing for corporate welfare.
Media
Read More: House Republicans Highlight Debt, Rendell SpendingHealth Care
PA liability for state retiree health: $8.8 billion
The PA Office of the Budget released their actuarial report on retiree health care liabilities, revealing that the estimated unfunded liablity as of July 1, 2008 is $8.8 billion…
Media
Read More: PA liability for state retiree health: $8.8 billionRegulation
House Committee Votes to Increase Pensions/Property Taxes
The House State Government Committee passed a Pension COLA bill – AP Story here – which would require a dramatic increase in spending (on top of the expected higher…
Media
Read More: House Committee Votes to Increase Pensions/Property Taxes
Schools get no relief on pension contributions
That’s a horrible headline for the AP story in the Morning Call. Who are the “schools” anyway? It’s the taxpayers who get no relief. While the pension contribution…
Media
Read More: Schools get no relief on pension contributions
Audit: Management of Pa. business grants was lax
More criticism of the lack of monitoring, accountability, and compliance with laws in the state’s corporate welfare programs, this time from the Auditor’s office. Click here for the AP…
Media
Read More: Audit: Management of Pa. business grants was lax