The Empire Strikes Back: Shale Industry Minimizes Potential Severance Tax Revenue, But It's Still More than Impact Fee

Pennsylvania would benefit from switching from its current impact fee to a severance tax. Depending on the estimate, the severance tax could raise two to four times as much revenue as we expect from the impact fee, with this difference growing over time.

President’s Actions on Immigration Will Benefit the Pennsylvania Economy

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Last week President Obama announced that he will use the power of the executive office to shield millions of people from deportation and give them authorization to work.

The President's action is a positive step forward.

Bringing undocumented workers out of the shadows and into the above-ground labor market is good for them, good for the economy and good for us all. Specifically, the president’s actions will bring the following important benefits to the Commonwealth of Pennsylvania:

Pa. 3rd Worst in Student Debt

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Yesterday, the Washington Post reported on the toll student debt is taking on students on a state-by-state level.  Not surprisingly, Pennsylvania is ranked as the 3rd worst in the country with an average student debt burden of $32,528 and an 11.6% student default rate.  To understand what Pennsylvania can do to reverse this trend and help power the economy, read the

New Study Suggests that Low Wages Imperil Future of U.S. Manufacturing and Innovation

Debates about manufacturing wages and jobs require the ability to walk and chew gum at the same time. Let's see if we can do that.

For a half century or more the mantra has been that manufacturing jobs pay better and support a family. But a new report by the National Employment Law Project (NELP), profiled in today's New York Times, shows that  manufacturing wages for production workers have dropped below wages for all private sector workers. NELP also finds that “more than 600,000 manufacturing workers make just $9.60 per hour or less. More than 1.5 million manufacturing workers – one out of every four – make $11.91 or less.”

Cutting taxes won't spur economic growth

Flying in the face of the often heard rhetoric that tax cuts are the cure for all ills, a new study finds that cuts to business taxes are at best ineffective, and at worst harmful to state economic growth and development. A better strategy for growth is to increase investment in education and infrastructure.

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