With budget season approaching, Pennsylvania business leaders want a corporate tax cut

By: Justin Sweitzer

Business leaders from all corners of the state are putting pressure on members of the General Assembly to pass a “significant reduction” to the state’s corporate tax rate roughly one month out from the state’s June 30 budget deadline. 

In a letter sent to state lawmakers this week, nearly 50 chambers of commerce from across the state urged lawmakers to reduce the state’s 9.99% Corporate Net Income Tax rate, which is among one of the highest rates in the country. 

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