Republicans should enact a constitutional amendment permitting school districts and local, county and state government to use a graduated income tax, based on their taxpayers’ ability to pay for their tax revenue.
It was not surprising that the Republican-controlled legislature passed a bill lowering the state’s corporate income tax rate from almost 10% to nearly 5% over a period of years. Obviously, this should increase corporate profits and could increase dividends for their wealthy stockholders.
However, it was disappointing that Gov. Tom Wolf signed that legislation into law without negotiating a corresponding decrease in either or both of the state’s personal income and sales tax rates that would have benefited the state’s working class taxpayers. It would be even better if the Republicans enact a constitutional amendment permitting school districts and local, county and state government to use a graduated income tax, based on their taxpayers’ ability to pay for their tax revenue.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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