Commonwealth Foundation - Pennsylvania Deficit Watch: March 2010

MARCH 2, 2010 | Policy Points by COMMONWEALTH FOUNDATION

Pennsylvania Deficit Watch: March 2010

Jim Haigh posted on 3/2/2010 4:48:00 PM
The revenue projections are rosy at best. Moreover, the 74 new sales taxes -- which land disproportionately on small businesses not doing in-house -- could actually result in a net loss. How? See this analysis factoring the lost sales ($15B) & lost jobs (64K) that will result from just one of the new taxes, the Ad Tax: http://bit.ly/c8yhFs

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