Change in plan to cut tax angers Pa. business owners

Governor Rendell’s budget calls for another slowdown of the Corporate Stock and Franchise Tax phaseout. While this isn’t technically a tax increase – rather represents less of a reduction than existing law provides for – it was buried deep within the budget and didn’t make its way into the Governor’s talking points.

Congratulations to Dave Taylor of the Pennsylvania Manufacturers’ Association for reading through the 955-page budget to find the details.