Taxes & Economy
Income tax cuts benefit all payers
USA Today article exposes the rhetoric of “tax cuts for the rich.” They note that middle income taxpayers saw a larger percent reduction in their tax burdern, and that…
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Rendell Looks to Raise Taxes on Oil Companies in Pennsylvania
From The Tax Foundation.
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Household Income Analysis
Interesting note by the The Tax Foundation on recent household income data. While a recent Census Report indicates that real median household income (adjusted for inflation) has declined since…
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New Hampshire’s 365-Day Sales Tax Holiday
While some states with surplus tax revenue are offering gimmicky “sales tax holidays,” New Hampshire has chosen the all-too-infrequenty policy of keeping taxes low. From The Tax Foundation.
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PA Businesses to See Tax Cuts?
A report released today by The Tax Foundation looks at legislation expected to be voted on by the US House tomorrow on business taxes. This bill (HR 1956) would…
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Tax Freedom Day in Pennsylvania
Happy Tax Freedom Day, Pennsylvania! If you are looking for a reason to celebrate, you need look no further than Tax Freedom Day.
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Gov. Rendell and PA’s Business Climate: Rhetoric Doesnt Match Reality
As election time draws nearer, Gov. Ed Rendell is issuing a flurry of press releases to convince voters that his administration has improved Pennsylvania’s competitiveness and economic growth. To that…
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Taxing telecommuters
New study from the The Tax Foundation on how New York, Pennsylvania, and two oather states attempt to penalize telecommuters who choose not to live there. However, rather than…
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