Taxes & Economy
Latest Wolf Tax Plan Eliminates 6,500 Jobs
If Gov. Wolf succeeds in raising Pennsylvania’s personal income tax from 3.07 percent to 3.30 percent (an increase of 7.5 percent in the rate), what will be the impact on…
Media
Read More: Latest Wolf Tax Plan Eliminates 6,500 JobsState Budget
Four Things to Know about Wolf’s September Tax Increase Proposal
On September 11, 2015, Gov. Tom Wolf presented legislative leaders with a second tax increase proposal—totaling$1.8 billion for the 2015-16 budget year, and a $3.2 billion net increase in 2016-17,…
Memo
Read More: Four Things to Know about Wolf’s September Tax Increase ProposalTaxes & Economy
30,000 Future Jobs at Risk
Middle class job opportunities are at risk. We all know that strong middle class employment is at the heart of a healthy economy, but Gov. Wolf’s massive tax increases would…
Media
Read More: 30,000 Future Jobs at RiskState Budget
Who Pays For a Severance Tax?
Proponents of a new natural gas tax—which would be in addition to the existing impact fee (tax) and other taxes extractors already pay—ignore the consequences new taxes will have…
Media
Read More: Who Pays For a Severance Tax?Taxes & Economy
All Pennsylvanians Would Pay for Nation’s Highest Severance Tax
Gov. Wolf proposed a natural gas extraction tax on Pennsylvania’s oil and gas industry to make drillers pay what union special interests dub their “fair share.” In testimony to…
Media
Read More: All Pennsylvanians Would Pay for Nation’s Highest Severance TaxState Budget
30,000 Jobs that Won’t Pay
Gov. Wolf’s tax plan would result in 30,000 jobs not created next year, according to a new analysis we released yesterday. Using the STAMP model, developed by…
Media
Read More: 30,000 Jobs that Won’t PayTaxes & Economy
Study: 30,000 Jobs That Won’t Pay Under Wolf’s Budget
For Immediate Release Commonwealth Foundation Contact: 717-671-1901 Study: 30,000 Jobs That Won’t Pay Under Wolf’s Budget Job-Seekers Better Off If Wolf Did Nothing May 4, 2015, HARRISBURG,…
Press Release
Read More: Study: 30,000 Jobs That Won’t Pay Under Wolf’s BudgetTaxes & Economy
The Impact of Gov. Wolf’s Tax Proposals on Job Creation
The Commonwealth Foundation worked with the Beacon Hill Institute at Suffolk University to apply an economic modeling program to analyze the overall impact of Gov. Wolf’s proposals. Economists at Beacon Hill developed…
Memo
Read More: The Impact of Gov. Wolf’s Tax Proposals on Job CreationTaxes & Economy
The Economic Impact of Gov. Corbett’s Proposed Tax Reform
This policy brief utilizes PA-STAMP to estimate the impact of Gov. Corbett’s proposed tax reform package. Accordingly, by 2017-18, these reforms (compared with current policy) would result in: 1,259 additional…
Fact Sheet
Read More: The Economic Impact of Gov. Corbett’s Proposed Tax Reform