Business Taxes

Reduce the Corporate Net Income Tax, at 9.99 percent the second highest in the country. Stay on track for final phase-out of the Capital Stock & Franchise Tax. Maintain fight against corporations reporting all taxes from all jurisdictions (combined reporting). 

Timmons and Taylor: President’s Tax Plan Will Spur Economy in Pennsylvania and Across the Country

CONTACT:
NAM Media Relations

Washington, D.C., October 11, 2017 – National Association of Manufacturers (NAM) President and CEO Jay Timmons and Pennsylvania Manufacturers’ Association (PMA) President David Taylor released the following joint statement on President Donald J. Trump’s tax reform rally in Harrisburg, Pennsylvania:

State Government Too Broken For Legislature to Fix

For Rep. Steve Bloom (R-Cumberland), it’s time to turn Harrisburg’s troubles over to a higher authority. Partial and late budgets, declining credit ratings, costly and error plagued state contracts, and a trail of corrupt officials are symptoms of deep structural problems, he says, and a constitutional convention is the only way to fix them. “These are issues the Legislature is either unwilling or unfit to take care of,” Bloom said.

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State Government Leaders Back in Harrisburg Rummaging for Funds

The General Assembly returns to Harrisburg this week in search of more than $2 billion to fully fund, as required by law, the $32 billion spending plan that was sent to the governor last Friday. The available options are all unwelcome: borrowing; more gambling; increasing taxes; shifting money between funds.

Testimony before the House Democratic Policy Committee

No matter what product is being made, manufacturers are taking raw materials or component parts and going through a multi-state process to yield a finished good.  In doing so, they are almost always deploying some kind of chemical process and consuming a large amount of energy. For some manufacturers, energy is their most expensive cost input, which is why manufacturers require available, affordable, and reliable energy. 

Middle Class Would Rise Again Under Trump Tax Reform Plan

Senator Pat Toomey (R-PA) rightly characterizes President Trump’s tax reform plan as one that will result in well-paying jobs --“The best economic stimulus for the middle class,” he said in a statement.

He also noted that massive increases in government spending and nearly $2 trillion in taxes under President Obama delivered the opposite: “The slowest lowest post-recession recovery since World War II, weak job growth, and stagnant household income.”

Time to Drive a Stake Through Wolf’s Undead Tax Agenda

When the layers of Governor Tom Wolf’s latest budget proposal are peeled away during the legislative budget hearings that begin next week, Pennsylvanians will see a rogues gallery of job-killing tax increases from across the decades – some defeated, some repealed – back to haunt our economy.

Path to a Prosperous Pennsylvania

Press Conference 
Hosted by: AFP Pennsylvania
January 24, 2017

Remarks by: Carl A. Marrara

Pennsylvania Manufacturers’ Association

Vice President, Government Affairs

Spending-First, Revenue-Later budget stalls in Harrisburg

The General Assembly and Governor Tom Wolf are still working towards a budget agreement, which, as of this writing, will likely be finalized in the weeks following the June 30 deadline. While no one facing re-election wants to repeat last year’s bruising nine-month budget battle, the kind words exchanged about this year’s budget talks have failed to produce a balanced spending plan for 2016-2017.

Disagreements over revenue – how much is needed and how to raise it – interrupted the process just before the July 4 weekend, but now must be resolved.

Please Oppose Natural Gas Gross Receipts Tax

TO: ALL MEMBERS, PENNSYLVANIA GENERAL ASSEMBLY

FROM: DAVID N TAYLOR, PRESIDENT; CARL A. MARRARA, VICE PRESIDENT OF GOVERNMENT AFFAIRS

RE: PLEASE OPPOSE NATURAL GAS GROSS RECEIPTS TAX

Study: Pennsylvania On Wrong End of Debt, Solvency Ranking

Spending restraint and opposition to tax hikes by Republican lawmakers over the past five years have likely kept Pennsylvania from entering a fiscal death spiral. A new study by the Mercatus Center at George Mason University, which compares solvency and other fiscal health indicators among the states and Puerto Rico, places Pennsylvania near the bottom, floundering with the high tax and spend states of New York, California and Maryland. More spending and taxes over the past five years would have surely moved us closer to Puerto Rico’s bankrupt nightmare.