Will the people of PA rise up like their brothers and sisters in WI? Corbett’s budget demands lots of pain, and includes more tax cuts, to address the deficit. Somehow. The Predator State rolls on. (All emphases mine).
The governor’s proposed spending plan for 2011-2012 is 3.1 percent leaner than this year’s roughly $28.2 billion budget, and proposes no additional taxes or fees, including no new tax on the extraction of natural gas from the Marcellus Shale.
To offset the pain of cuts to public schools, the governor is asking school districts to reopen their collective bargaining agreements to push for a one-year salary freeze on all school district personnel, from superintendents to teachers. The administration believes that would save an estimated $400 million.
In other areas, the administration is proposing to reinstate the phase-out of the capital stock and franchise tax, in the hopes of stimulating job creation. It also preserves the film tax credit, which had appeared to be destined for doom earlier this month.
What Do You Think?
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