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

FOR IMMEDIATE RELEASE
Oct. 7, 2015

The Pennsylvania Budget and Policy Center urges members of Pennsylvania’s House of Representatives to support the revenue package coming up for consideration today in their chamber. Voting for the package requires both political courage to do the difficult but right thing and common sense to see the obvious. Pennsylvania needs more revenue coming in to meet its obligations, close its structural deficit, protect its vulnerable citizens and make the kind of investment in education that voters want and every school child deserves.

Over the past few years, many other states, similar to Pennsylvania in 2011 and again today, have faced critical choices about whether to raise state revenues, hold firm to “no new taxes” or even cut taxes further. We examine the experience of four other states as well as Pennsylvania. Two of the other states – California and Minnesota – raised taxes to improve their fiscal health and to reinvest in education. The other two states – Kansas and Wisconsin – followed the same path as Pennsylvania under Gov. Corbett, cutting taxes in varying degrees and cutting education spending.

Wolf Budget Raises New Revenues to Deal With Structural Budget Deficit

Republican budget grows the budget deficit in future years, raising the risk of more debt downgrades that waste tens of millions of taxpayer dollars

(HARRISBURG, Pa.) -- Sept. 16, 2015 --Harrisburg has become preoccupied with budget process and tactics in recent weeks. But what Pennsylvanians need is a good budget outcome – a budget that reinvests in education, jobs and communities using revenues from a severance tax, provides property tax relief and puts the state’s fiscal house in order.

To refocus attention on the key budget choices that legislators and Gov. Wolf must make, the Pennsylvania Budget and Policy Center launched “Why the Budget Matters – Let’s Count the Ways.”

(HARRISBURG, Pa.) – Aug. 26, 2015 –The Pennsylvania legislature needs to buckle down and finally start working on a sustainable state budget, a coalition of human services and budget groups said in a press conference in the Capitol Rotunda the morning after the House took a series of unsuccessful and likely unconstitutional line-item veto override votes on the budget passed at the end of June. Gov. Wolf vetoed that budget in its entirety on June 30, after introducing in March his own budget proposal, which the General Assembly’s leadership failed to seriously consider.

(HARRISBURG, Pa.) – Aug. 25, 2015 -- Dr. Stephen Herzenberg, of the Pennsylvania Budget and Policy Center, issued the following statement after line-item veto override votes on the Republican budget failed in the Pennsylvania House.

“Now that several likely unconstitutional line-item veto override votes in the Pennsylvania House have failed, seven weeks after Gov. Wolf vetoed the Republican budget in its entirety, it’s time for the General Assembly’s leadership to finally get down to the real business of seriously negotiating a sustainable state budget. This budget must restore education funding, solve Pennsylvania’s structural budget deficit and invest in the state’s economic recovery.

(HARRISBURG, Pa.) -- Aug. 24, 2015 -- Dr. Stephen Herzenberg, of the Pennsylvania Budget and Policy Center, called on members of the Pennsylvania House to focus on substantive budget negotiations rather than attempt futile veto override votes in the following statement released today:

“These planned line-item veto override votes are likely meaningless. Because the governor vetoed the entire Republican budget, only a veto override vote on the full budget would likely be constitutional. Moreover, until the General Assembly and the governor agree on how to raise all the revenue needed for a complete and balanced budget, agencies providing vital human services and other services included in line-item veto overrides have no guarantee that they will actually get the money they so desperately need.

(HARRISBURG, Pa.) -- July 28, 2015 – A new three-part report from the Pennsylvania Budget and Policy Center suggests that similarities between the Wolf and House (HB 504) property tax relief proposals should make this a logical area of compromise between the Governor and General Assembly. PBPC, a project of the Keystone Research Center, also provides the first comparative numbers on how much tax relief the Wolf and House plans would provide to typical homeowners in each school district, results which may surprise many supporters of HB 504.

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