Lawmaker floats proposal to lower state’s personal income tax rate

Lawmaker floats proposal to lower state’s personal income tax rate

Hoping to boost the rate of Pennsylvania’s economic growth, Rep. Jason Ortitay (R-Washington) recently floated a proposal to lower the commonwealth’s personal income tax (PIT) rate from 3.07 percent to 2.82 percent.

 

The proposal comes on the heels of recently enacted federal tax reform that sought to cut taxes for the majority of Americans and spur economic growth, but was also projected to grow the national deficit.

Monday, January 8, 2018/Author: Jason Gottesman
Categories: News and Views
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