We Need to Stop Chasing Residents Out of the State With High Taxes
Originally published at Delaware Valley Journal
Every April, Pennsylvanians are reminded of their crushing tax burden—one of the highest in the nation. And a growing number of Pennsylvanians have had enough. A new poll by the Commonwealth Foundation finds more than four-in-ten Pennsylvanians have either thought about leaving the state or know someone who has thoughts about leaving or has already left. They point to lower cost of living, better jobs and opportunities, and lower taxes among the top reasons for leaving.
As state lawmakers discuss the next state budget, they need to put fiscal safeguards in place to restore Pennsylvania as an attractive place to live and work.
According to the poll, almost 70 percent of Pennsylvanians think their taxes are too high—and they’re not wrong. Between property, sales, excise, and income taxes, Pennsylvania has the fourth-highest tax rates in the United States, 30 percent higher than the national average. The average Pennsylvania resident must surrender $14 to the state in various taxes for every $100 they earn—on top of the $11,000 paid by the average U.S. household in federal income taxes each year. The state also has the third-highest gas tax, following only California and Illinois.
Read more at Delaware Valley Journal