State agencies across the commonwealth gather data on jobs, employment, and the economy — but they struggle to share it, hamstringing how useful it is.
Legislators have taken notice and are looking to compel some digital cooperation.
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Pennsylvania business advocates joined Governor Tom Wolf (D) at the York County Economic Alliance on Monday to welcome an upcoming change in tax policy championed by entrepreneurs across the commonwealth.
Via the new budget agreed to this summer by Wolf and the Republican-controlled General Assembly, Pennsylvania will begin a decade-long phased halving of its corporate net income tax (CNIT). Of the forty-four states with a business income tax, the size of the Keystone State’s current 9.99-percent rate is second only to New Jersey’s 11.5-percent tax. Besides these two states, only four others levy top business income tax rates that exceed nine percent.
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