The tax code bill enacted along with the 2013-14 state budget maintained Pennsylvania's capital stock and franchise tax, which was set to expire in 2014, for two more years. It also took a small, first step to close the Delaware loophole, which has allowed large multi-state corporations to avoid paying income taxes in Pennsylvania. No tax code bill was passed as part of the 2014-15 budget.
Gov. Tom Wolf presented his 2017-18 State Budget Proposal on February 7th, 2017. The Pennsylvania Budget and Policy Center will be posting analysis, infographics and related documents on this page as they become available. Check back often for the latest updates.
PENNSYLVANIA – In the wake of Budget Secretary Randy Albright’s mid-year budget briefing and the news that the Pennsylvania budget for 2016-17 will have a deficit of $600 million, the Pennsylvania Budget and Policy Center today released a new, comprehensive revenue proposal to address the looming deficit for FY 2017-18, which when combined with the deficit for this fiscal year, could approach $3 billion.
HARRISBURG, PA – Senator Scott Wagner (R-York) and Representative Seth Grove (R-Dover) today announced a series of budget cuts, problematic ideas, and one-time savings that do little-to-nothing to address the immediate structural deficit facing Pennsylvania for the 2016-17 fiscal year.
In his budget address, Governor Wolf observed that Pennsylvania faces a choice of two paths. Taking one path would require us to deal with the reality of our structural deficit and raise revenues to close it. It would enable government to continue to meet its responsibilities to educate our children, serve those who need our help, protect the environment and encourage economic growth. Taking the other path would require us to accept devastating cuts to education and health and human services.
Gov. Tom Wolf presented his 2016-17 State Budget Proposal on February 9th. The Pennsylvania Budget and Policy Center will be posting analysis, infographics and related documents on this page as they become available. Check back often for the latest updates.
February 2, 2016 (Harrisburg, PA) – A diverse coalition of organizations today released a letter to the governor and members of the General Assembly, “A 2016-17 Budget for Pennsylvania’s Future,” that recommends ways to fairly raise taxes to increase investments in education and workforce development, promote shared prosperity, protect those in need, protect the environment, reform the criminal justice system, and revitalize democracy.
On Tuesday, February 2, 2016, thirty-three organizations, including the Pennsylvania Budget and Polivy Center, sent a memo to Governor Tom Wolf and the members of the General Assembly of Pennsylvania with recommendations for the 2016-17 state budget. The groups call for completion of 2015-16 budget, and a 2016-17 budget that raises additional revenue to close the structural deficit and make necessary investments in vital programs.