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Home / PA: Democrat Governor Says Income Tax Hike is Just TemporaryPA: Democrat Governor Says Income Tax Hike is Just Temporary
Last Updated on Thursday, 11 June 2009 01:10 Written by rslcpol Thursday, 11 June 2009 01:10
From the Philadelphia Inquirer:
Gov. Rendell said yesterday that if he had to resort to pushing for a hike in the state’s personal-income tax, he would want the increase to end after three years.
But he was cagey when pressed to give details, saying only that such an increase was “a serious” proposal to help deal with a projected deficit of up to $3.2 billion in the state budget for the next fiscal year.
Rendell said he was waiting for the most up-to-date projection of next year’s growth in state tax revenue before making a final decision.
“But if, in fact, we have to raise taxes of any sort, it would be sunset,” Rendell told reporters at a news conference in an old steel town near the capital. “And the reason we would need to do it for a short period of time is because of the recession.”