Maximize domestic market–driven production. Focus on reliable, affordable sources of energy.

FY2021-22 Budget: No New Taxes, Positive Reforms, More to Do.

Last Friday, the General Assembly approved a $40.8 billion state spending plan for FYI 2021-22, without raising taxes. This budget, which covers the fiscal year starting July 1, marks seven in a row where lawmakers have rebuffed Gov. Tom Wolf’s requests for higher taxes, as he has proposed historically high tax increases in most years. Lawmakers now have one budget to go before Wolf runs up against his constitutionally mandated two-term limit.

Manufacturers condemn Wolf’s call for new, additional energy production tax

Governor Wolf’s renewed proposal to additionally tax Pennsylvania energy production in response to pandemic
is “self-defeating and stupid.”

Harrisburg, January 28, 2021 - Governor Wolf renewed his proposal for a new, additional tax on energy production in Pennsylvania. The following quotes can be attributed to David N. Taylor, President & CEO of the Pennsylvania Manufacturers’ Association:

Facing budget shortfall, lawmakers should fight recovery-snuffing tax increases; Energy production needed to get Pennsylvania economy back to full strength

Back in September, a broad cross section of the commonwealth’s top job creators sent state lawmakers and Governor Tom Wolf a preemptive, cautionary letter urging them not to slap the energy industry with new, additional taxes to balance the remaining portion of the state budget left hanging by the quick onset of the pandemic in the spring.

Emerging Trend: A Constitutional Crisis

After a contentious meeting, the Environmental Quality Board (EQB) voted 13-6 this week to toss aside the objections of business, organized labor, and consumer groups, and move forward with Governor Tom Wolf’s plan for Pennsylvania to join a cartel of ten Northeastern states that taxes carbon emissions.

Following the EQB vote, PMA’s President & CEO, David N. Taylor, issued the following statement: