Cato’s 2010 Fiscal Report Card on America’s Governors is out. Not surprisingly, Pennsylvania ranks low. With a score of 40 points, Gov. Ed Rendell earns a D for his efforts to increase spending and taxes since 2008. Governor Rendell has supported many tax increases during his tenure, but in just the last two years we’ve helped to defeat many of his proposals, including:
- Increasing the income tax rate from 3.07% to 3.57%
- Broadening the sales tax base
- Broadening the corporate tax base
- And raising taxes on oil companies for transportation spending.
Joining Rendell in the D column is Beverly Perdue, governor of North Carolina, and Jan Brewer of Arizona. South Carolina’s Governor Mark Sanford ranks 1st with a score of 74.