Pennsylvania takes a step toward tax reform

Monday, June 21, 2004

A governor's commission has released its interim report calling for a braoder tax base (translation: fewer loopholes) and lower rates. This approach is the most sensible when it comes to economic development. Do away with tax incentives that selectively erode the tax base and undercut horizontal equity. (Translation: treat similar firms with the same tax rates.) Read more.

The state chamber of commerce is not satisfied, though. They want something more from the governor. Read more.

posted by Ed Morrison |

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