House Republicans offer some Diet Tips for PA

A group of Pennsylvania House Republicans today announced a series of proposals intended to reduce government spending and revitalize the Pennsylvania economy.

Among the Proposals:

• Implementing constitutional or statutory Spending Limits. 
• Eliminating all state discretionary funding or “Walking Around Money” (WAMs). 
• Reducing the state Personal Income Tax to the pre-Rendell level of 2.8 percent.  
• Repealing Pennsylvania’s prevailing wage mandate and tolling of Interstate 80 (Act 44 of 2007). 
• Reducing the overall economic burden on Pennsylvania’s job creators by completing the phase-out of the Capital Stock and Franchise Tax and making Pennsylvania’s Corporate Net Income Tax (CNI) more competitive with other states. 
• Finally, enacting a 2009-2010 state budget that contains no new taxes, no new spending and no new borrowing.