Sales Tax

Taxes
1:49 pm
Tue March 4, 2014

PA Tax Collections Down for 3rd Straight Month

Pennsylvania’s coffers continue to be not as full as state officials anticipated. For a third straight month, revenue collections were lower than expected. 

According to the Department of Revenue, Pennsylvania pulled in $1.6 billion in funds in February which was 2.1 percent below projections. For the first eight months of the fiscal year, total revenues are 0.5 percent less than estimates.

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Economy & Business
1:01 pm
Wed September 4, 2013

State Tax and Revenue Collection Behind Projections

Two months into the new fiscal year, Pennsylvania’s revenue collections seem to be lagging just a little behind, with the Pennsylvania Department of Revenue’s General Fund bringing in $3.7 billion— 0.1 percent below estimate.

In August, corporation tax, inheritance tax and realty transfer tax all fell below the state’s projections. Only sales, cigarette, alcohol and table game tax revenues were above estimates.

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Essential Pittsburgh
3:14 pm
Wed August 14, 2013

Legislation Could Eliminate School Property Tax

Credit Tim Lambert / WITF

After a year of review, Pennsylvania House Representative Jim Cox reintroduced House Bill 76 outlining the benefits of eliminating the school property tax in the Commonwealth. With 91 co-sponsors in the House and 22 in the Senate, Rep. Cox is confident the bill will appeal to both legislators and tax-payers. Matthew Knittel, director of the Independent Fiscal Office, has reviewed versions of the bill and says from a revenue perspective, the bill could be made to work in certain parts of the state.

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