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