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This spring, Governor Wolf swung for the fences with a $1,400-per-family-of-four tax hike; in September he whiffed at a $1,000 increase; today, after choking up for a $750 rise, Governor Wolf has struck out.
"Pennsylvanians would pay a whopping 16 percent more in state income taxes under Wolf’s latest tax scheme. What Pennsylvania family wants to see their taxes rise by one dollar, let alone by $750?"
After months of hyping a “common sense severance tax to fund schools,” Gov. Wolf has finally decided to mention that his budget plan is a broad-based tax hike that places most of the burden squarely on working families’ shoulders.
Next week, the state House plans a full vote on Gov. Wolf’s modified tax plan, first proposed on September 11. This plan, despite being pared down from Wolf’s original $4.6 billion tax increase, would still result in a $1,000 tax increase per family of four in its first full year and would cause 14,000 jobs to not be created by 2016-17, according to a new analysis.
Today, Wolf issued his 6th, 7th, and 8th Vetoes, rejecting an $11 billion spending measure and accompanying bills passed by the state Legislature which would have retroactively funded schools and social service organizations from July through October of the current fiscal year.