Bill alert -- House Bill 13 is not "budget neutral"

(Mar 10, 2020)

House Bill 13 would tax pensions, clothes and medication, as well as increase the sales and income taxes you pay in order to cut property taxes on homes and properties owned by corporations. Read more

 

One of Philadelphia’s richest law firms wants tax breaks, again. Why it might get its way.

(Mar 08, 2020)

Dechert LLP, one of Philadelphia’s wealthiest law firms, where partners made $3 million each in profits last year, wants to move its headquarters into a virtually tax-free zone in the city. Read more

 

Medicaid block grant proposals spell trouble for patients and hospitals

(Feb 10, 2020)

Medicaid is a longstanding partnership between states and the federal government to provide care to the poorest and sickest among us. A pair of proposals from Washington threaten to upset this joint commitment and fray the nation’s perilously thin safety net for vulnerable patients.Together, these proposals stand to trigger an erosion of the impressive gains we’ve made for patients across our country and region this past decade. Read more

 

Fracking has led to a ‘bust’ for Pennsylvania school district finances

(Feb 10, 2020)

n the last decade, unconventional natural gas development has transformed American energy — as well as communities across Pennsylvania’s Marcellus Shale region.Often popularly referred to as “fracking,” this highly industrialized process is used to extract energy resources from underground geologies such as shale or sandstone. Read more

 

House subcommittee on taxes hearing focuses on business climate in Pa

(Mar 01, 2018)

HARRISBURG, March 1 – The House Finance Committee’s Select Subcommittee on Tax Modernization and Reform held a second hearing to discuss Pennsylvania’s income tax and businesses on Feb. 20, said House Finance Committee Democratic Chairman Jake Wheatley. Leaders from the National Federation of Independent Business and the Pennsylvania Certified Institute of Certified Public Accountants provided testimony. Discussions focused on business taxes, what drives entrepreneurs to other states and how they, along with college graduates, could be kept in Pennsylvania. Democratic members in attendance included Wheatley, D-Allegheny, and Rep. Mary Jo Daley, D-Montgomery. For more information about the Democratic members of the House Finance Committee, visit its webpage . Read more

 

About the House Democratic Finance webpage

(Jul 20, 2017)

The House Finance Committee is tasked with reviewing bills relating to all financial matters for the state. Tax collection rates and policies are regularly reviewed, as well as policies that create or build on programs financed by the state. State Rep. Jake Wheatley, D-Allegheny, is the Democratic chairman of the committee. He believes the committee's priority is to consider all legislation in the context of the state budget and how bills would impact the state’s bottom line and revenue outlook, as well as provide the means to pay for it. A recurring talking point of the Republican majority is that Pennsylvania must reduce its spending. However, the committee is regular asked to consider Republican-sponsored legislation that would increase spending, sometimes by hundreds of millions of dollars, but offer no means to pay for it. “Pennsylvanians deserve to be clear about our choices. Members of the House Finance Committee are the revenue stewards of the commonwealth. When the only bills we pass out of committee are tax credits and tax cuts, without discussing the loss of revenue to the state or the means to pay for it, we are not doing our jobs,” Chairman Wheatly said. This story has been unfolding for years. It’s past time to show Pennsylvanians not only the work of the committee, but the Republican double standard where it exists so that we can take an honest look at how to move Pennsylvania forward with a state budget and spending Read more