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). 

PMA Bulletin -- November 6, 2013

PA Improves from “D” to “A-” Under Corbett’s Leadership on Tax Reform

The commitment by Governor Corbett and the Pennsylvania General Assembly to improve the commonwealth’s business environment is getting national attention. Words of praise for Pennsylvania resonated at the 44th Annual Meeting of the Council on State Taxation (COST), held in Phoenix, Arizona.

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Gabler Fights for Accountability in Government

State Rep. Matt Gabler (R-75) ran against the odds when in 2008, he entered the Republican primary as a write-in candidate for his home county House seat. Democrats have held the seat that includes part of Clearfield County and all of Elks County 48 out of the past 60 years.

“I didn’t like the way I saw things going with the spending under the Rendell Administration, and the incumbent’s (Democrat Dan Surra) voting was pretty much in lockstep with the spending and tax increases,” Gabler said.

PMA Bulletin -- September 11, 2013

Lawmakers Work to Lighten Regulatory Burden for Job Creators

In 1988, former Democratic presidential candidate and life-long liberal, George McGovern, bought a resort hotel in Connecticut. Two years later the hotel went bankrupt. In a 1991 commentary published by the Wall Street Journal, McGovern placed most of the blame for the bankruptcy on the cost of dealing with federal, state, and local regulations, and he blamed frivolous lawsuits.

Steve Bloom – Legislator, Author, and Patriot

Steve Bloom is as “free market” as they come. “No economic system in the history of the world has worked as well as the free market to bring people from poverty to prosperity and free them from oppression,” Bloom said in a recent interview with the Pennsylvania Manufacturers’ Association.

PMA Bulletin -- July 31, 2013

Death to the Death Tax!

Despite grumbling over what didn’t happen this past June, there is at least one major accomplishment that deserves more attention. In the tax code enacted with the General Fund budget, the General Assembly eliminated the inheritance tax -- more appropriately the “death tax” -- levied on a business when sons, daughters, or other family heirs take leadership of it upon the death of the owner.

PMA Bulletin -- July 3, 2013

A Third Sensible and On-Time State Budget

The good news is that the General Assembly sent Governor Corbett a $27.83 billion budget that supports record investment in education, including science, technology, engineering, and math programs and vital job training initiatives throughout the commonwealth. This is a pro-jobs budget consistent with the same successful elements Pennsylvania has seen since Governor Corbett took office, aiding in the creation of more than 125,000 private sector jobs.

Frederick W. Anton III to Appear On PA Newsmakers

This week’s Pennsylvania Newsmakers features a Business Roundtable discussion of the major issues confronting the state legislature, as well as Common Core standards. Joining host Terry Madonna are business leaders Fred Anton, CEO of the Pennsylvania Manufacturers' Association, Gene Barr, President & CEO of the Pennsylvania Chamber of Business and Industry, and Dave Patti, President & CEO of the Pennsylvania Business Council.

The Effects of Pennsylvania’s Capital Stock and Franchise Tax

The Effects of Pennsylvania’s Capital Stock and Franchise Tax

Time to End Capital Stock and Franchise Tax Nightmare

Have you ever had a nightmare and no matter how many times you try to wake up, it just keeps coming back? Businesses in Pennsylvania that are paying the Capital Stock and Franchise Tax know this problem all too well. Pennsylvania businesses and the commonwealth’s economy have been taxed an extra $6.9 billion thanks to four delays in the past 13 years of the phase-out of the Capital Stock and Franchise Tax (CSFT). Now, some lawmakers are proposing delaying -- yet again -- the elimination of the tax, a proposal that has many in the business community in disbelief.

Reforms to PA's Corporate Tax Structure

CompetePA's statement on the best way to stimulate growth and job creation in the Commomwealth. Click here to read the release.