Stimulating Pennsylvania’s Economy

Here is video and materials from the March 18 luncheon on “Stimulating PA’s Economy: Tax Cuts v. ‘Rebates’”.

Scott Hodge presented on a new report from the the Tax Foundation finds that Pennyslvania’s combined federal and local corporate income tax rate is higher than any other industrialized nation, and trails only Iowa’s top rate.

At 41.5% (adjusting for federal deducation of state taxes) the tax rate for Pennsylvania corporation is about 2 percentage points higher than Japan, 7% higher than France, and 13.5% higher than Norway and Sweden. Click here for the full study.

Click here for a PDF version of Rep. Mike Turzai’s presentation on “Stimulating the Economy with Tax Cuts.”

Here is video from the event.

Click here for more videos from the Commonwealth Foundation.