PA Taxes

Issue Spotlight: 2014-15 Budget

Governor Tom Corbett signed a $29.0 billion 2014-15 budget proposal on July 10. Here is the latest.

Budget Analysis: Approved 2014-15 Plan Relies on Uncertain Savings and One-Time Revenues

Mid-Year Review and the Road Ahead: Fiscal Issues Facing Pennsylvania

Commentary: IFO Report Shows Long Term Fiscal Problems

Revenue Update: 2014-15 Revenues Through December Higher than Estimate,Tax Cuts Loom

Browse Tax Publications Below

Last year at our budget summit, we said that Pennsylvania is at a crossroads and that there are two paths forward. We are still there. Pennsylvanians—and their government—are divided about which of two paths they believe our state government should follow.

One view is that the public sector—both the work of government and the work of non-profits that rely on state government funding—is essential to creating broadly shared prosperity in Pennsylvania. The other view downplays the positive role of government and public investments, and sees the taxes that pay for them as an impediment to economic growth. 

HARRISBURG – Following Governor Wolf's budget address, Marc Stier, Director of the Pennsylvania Budget and Policy Center, made the following statement:

 

“For those of us who believe that the government and non-profit sectors have a key role to play in creating communities that thrive and broadly shared prosperity, there is much to like in Governor Wolf’s proposed budget for 2017-2018.

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.

 

The State of Pennsylvania desperately needs new, recurring revenues, both to overcome a serious structural deficit that may lead to devastating budget cuts and to restore and enhance public education, human services and environmental protection. 

 

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