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TAXES

Pennsylvania’s corporate tax policies and tax rate put the Commonwealth at a competitive disadvantage. Recent changes including improving the tax appeals process and eliminating the Capital Stock and Franchise Tax were steps in the right direction; however, comprehensive reforms of and reductions in business taxes are still necessary to help stimulate economic development.

STATE
STATE
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Business taxes affect business decisions, job creation and retention, plant location, competitiveness, and the long-term health of a state’s economy. Thus, a state with lower tax costs will be more attractive to business investment and more likely to experience economic growth.

LOCAL
LOCAL
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The PA Chamber supports local tax policy that promotes a competitive business climate and efforts at the state level that encourage local taxing authorities to continually pursue this objective.