Pennsylvania – PA Technology industry: Governor’s proposed tech tax would cost jobs

Pennsylvania Watchdog.org
By
May 23, 2017

Pennsylvania Gov. Tom Wolf has proposed what’s been dubbed a tech tax to help balance the budget this year, but technology firms in the state are booting up an opposition campaign against a revenue plan they see as a job killer.

“If adopted, this tax will impact nearly every business in the Commonwealth,” says a post on the Pittsburgh Technology Council website. “Representing a $330 million tax increase on Pennsylvania’s technology sector, this is the highest business tax proposed this year by Governor Wolf.”

The proposal, which was part of Wolf’s budget package announced in February, would be a repeat of a computer services tax that was adopted in 1991 but repealed only six years later through bipartisan efforts, according to Brian Kennedy, the technology council’s senior vice president of operations and strategic programs.


For Further Information:

http://watchdog.org/293357/technology-industry-pennsylvania-governors-proposed-tech-tax-cost-jobs/