Gov. Wolf’s Budget Proposal: Implications for Our Region
Governor Tom Wolf announced his 2017-18 state budget proposal on February 8 before a joint session of the House and Senate. There were a few bright spots, chief among them no income or sales tax increase proposals as well as some targeted investments in workforce development and manufacturing. But there are also areas of significant concern, including a proposed consolidation of state tax credit programs, a severance tax, a new sales tax on business purchases of computer services and targeted increases on the business community.