State Budget
Why Lawmakers Don’t (And Shouldn’t) Raise Taxes
Terry Madonna and Michael Young have a new column asking why Pennsylvania lawmakers are so loath to raise taxes: This response differs dramatically from past practice. Throughout most…
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Read More: Why Lawmakers Don’t (And Shouldn’t) Raise TaxesTaxes & Economy
Combined Reporting Has Consequences
Lancaster Online recently produced a number of articles concerning Mandatory Unitary Combined Reporting, one of many tax revenue increases offered by Governor Rendell. Combined Reporting did not make it…
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Read More: Combined Reporting Has ConsequencesState Budget
Pennsylvania State Budget Resources
Pennsylvania faces a projected General Fund tax revenue shortfall of at least $1 billion. Governor Rendell proposed a $29 billion General Fund budget for 2010-11 that increases businesses taxes, imposes…
Fact Sheet
Read More: Pennsylvania State Budget ResourcesState Budget
Pennsylvania Deficit Watch: June 2010
Following May’s tax collections, the Pennsylvania Department of Revenue reports that state General Fund revenues are $1.2 billion below estimate for the 2009-10 fiscal year. Tax collections have…
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Read More: Pennsylvania Deficit Watch: June 2010State Budget
Pennsylvania Deficit Watch: May 2010
With April collections in the book, the Pennsylvania Department of Revenue reports that state General Fund revenues are $1.1 billion below estimate for the 2009-10 fiscal year.
Fact Sheet
Read More: Pennsylvania Deficit Watch: May 2010State Budget
Pennsylvania Deficit Watch: April 2010
The Pennsylvania Department of Revenue reports that through the end of March, state General Fund revenues are $719 million below estimate for the 2009-10 fiscal year. Tax collections have…
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Read More: Pennsylvania Deficit Watch: April 2010State Budget
Pennsylvania Deficit Watch: March 2010
The Pennsylvania Department of Revenue reports that through the end of February, state General Fund revenues are $477 million below estimate for the 2009-10 fiscal year.
Fact Sheet
Read More: Pennsylvania Deficit Watch: March 2010State Budget
Pennsylvania Deficit Watch: January 2010
Six months through the 2009-10 fiscal year, state revenues are $254 million below budget expenditures, according to the Pennsylvania Department of Revenue. Tax collections have been below estimate in…
Press Release
Read More: Pennsylvania Deficit Watch: January 2010State Budget
Pennsylvania’s Growing Revenue Shortfall
The Pennsylvania Department of Revenue released November revenue collections yesterday. Once again, the actual General Fund collections were somewhat below projections; $56 million (or 3%) for the month. The…
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Read More: Pennsylvania’s Growing Revenue Shortfall