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

(HARRISBURG, PA)With state budget negotiations heating up in Harrisburg, for the first time new information-packed fact sheets are being released by the Pennsylvania Budget and Policy Center that reveal the real impact of Gov. Wolf's budget plan on taxpayers, homeowners, schoolchildren, minimum wage workers and other Pennsylvanians who would be affected by his proposals.

"Pennsylvania is now the second largest natural gas producer in the country," testified Research Director Michael Wood before a Senate Joint Committee,"and it is time to end the excuses and enact a real severance tax."  

 

We have BIG news that will make Keystone Research Center’s Annual Awards Reception on June 1 at the Hilton Harrisburg especially exciting and exclusive this year. Our guest speaker will be Gov. Tom Wolf! He will begin speaking promptly at 5:30 p.m. You won’t want to miss what the governor has to say as the legislature returns to session and budget negotiations reach fever pitch.

This brief looks at the different ways property tax relief can be structured in Pennsylvania and why for lower- and middle-income homeowners, homestead relief provides more bang for the buck than millage rate cuts.

This is PBPC's press statement on the Independent Fiscal Office Initial 2015-16 Revenue Estimate and how it relates to efforts to increase education funding and fix the commonwealth's structural deficit.

April collections were higher than expected, pushing the state's revenue surplus in 2014-15 to over $500 million. This piece takes a closer look at what this means for next year's budget and the state's ongoing structural deficit.

April 4, 2015

March is always the most important month for the collection of corporate taxes because nearly half of all corporate tax dollars for the fiscal year come in at this time. While overall tax collections were on target in March 2015, a closer look shows why we need to re-think our corporate tax policies in Pennsylvania.

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