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). 

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. 

PMA Bulletin -- June 5, 2013

Corbett Policies Spur PA Economic Resurgence

Over the years, Pennsylvania hasn’t been an exemplar for job creation and economic growth. A new mindset is in order, according to a study that shows that the pro-growth policies of the Corbett Administration have Pennsylvania rising quickly up the ranks.

COSTA’S BUSINESS TAX HIKE A JOB-KILLER FOR PENNSYLVANIA

After saying jobs are top priority, Senator then proposes making them more expensive to create

PMA Bulletin -- April 24, 2013

Manufacturers Given Opportunity to Reinvest: Another Initiative of the Governor's Manufacturing Advisory Council Report

An innovative policy to stimulate investment in manufacturing now awaits action in the Pennsylvania House. State Rep. Tommy Sankey (R-Clearfield) recently introduced HB 869, which allows smaller manufacturers to set aside pre-tax money to cover future costs much the same way an individual would set up an IRA or a health savings account. The plan is modeled on an existing program in Connecticut.

PMA Bulletin -- March 27, 2013

GMAC Recommendations Taking Shape In PA; Over 190,000 Job Openings Posted on PA Website

On Thursday, March 28, Governor Tom Corbett will be in the Lehigh Valley to announce a campaign to implement his Manufacturing Council’s (GMAC) top recommendation under its Talent and Workforce initiative -- the Adopt a School program. Whoever said manufacturing is dead certainly isn’t paying attention.

PMA Bulletin -- March 13, 2013

New Carbon Tax a Blow to a Surging Manufacturing Sector

Just when American manufacturing is starting to flex its muscles again, a movement is underway in Washington to levy a new tax that would stifle that resurgence.  Two weeks ago legislation was introduced in the U.S. Senate to establish a tax on carbon based energy - the same affordable, reliable energy partly responsible for American reshoring.

A Carbon Tax Would Wallop Pennsylvania’s Economy

New Study Finds Proposed Tax Would Hurt Manufacturing Growth, Jobs and Energy Prices in Pennsylvania