MAY 25, 2011 | by KATRINA CURRIE
Last night, the Pennsylvania House passed a $27.3 billion General Fund budget bill (HB 1485). The fiscally responsible proposal includes no new taxes, prioritizes resources and maintains the spending level proposed in Gov. Tom Corbett's budget (you can find differences between the proposals here). Holding spending to $27.3 billion represents a $700 million cut from the current year spending.
NOVEMBER 22, 2010 | by NICHOLAS FETT
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NOVEMBER 16, 2010 | by NATHAN BENEFIELD
Fox 29 Philadelphia has a video story up about the use of RACP money—state borrowing for corporate welfare—for projects such as resort spas, sports stadiums, and Tasty Cakes (not to mention the Arlen Specter Library). The video features a couple cameos of yours truly. RACP spending was brought up at yesterday's "Delivering on the Mandate" luncheon, with Rep.
SEPTEMBER 30, 2010 | by ELIZABETH STELLE
Cato's 2010 Fiscal Report Card on America's Governors is out. Not surprisingly, Pennsylvania ranks low. With a score of 40 points, Gov. Ed Rendell earns a D for his efforts to increase spending and taxes since 2008. Governor Rendell has supported many tax increases during his tenure, but in just the last two years we've helped to defeat many of his proposals, including: Increasing the income tax rate from 3.
SEPTEMBER 28, 2010 | by NATHAN BENEFIELD
SB 1155 would impose a severance tax rate of 39 cents per MCF. At the August estimated average wellhead price of $4.22 per MCF, this is an effective tax rate of 9.22%. This would be the highest severance tax in the nation. Severance Tax for Top Natural Gas Producing States Top Natural Gas Producing States State Severance Ta
A Taxpayer's Budget 2010: Responsible Spending for Pennsylvania identifies opportunities to cut over $4 billion in wasteful state spending in Gov. Rendell's proposed FY 2010-11 budget. The report also offers a series of recommendations for resolving the current revenue shortfall and reducing the size and burden of government on Pennsylvanians.