Posts by michael wood

March Collections Show why We Need Corporate Tax Reform in Pennsylvania

March is always the most important month for the collection of corporate taxes because nearly half of all corporate tax dollars for the fiscal year come in at this time. While overall tax collections were on target in March 2015, a closer look shows why we need to re-think our corporate tax policies in Pennsylvania.

PA to Expand Medicaid beyond Healthy PA

Yesterday, the Wolf administration announced that it is changing the state's course on Medicaid expansion. Under Governor Corbett, Pennsylvania was to have a Medicaid-light expansion, which expanded coverage for low-income folks, but through private insurers.

Governor Wolf's administration is scrapping this proposal and shifting people who were receiving private coverage to public coverage. This move is supposed to make the coverage options more streamlined and the process less complex for folks covered under the plan.

2015 Could be the Year of the Natural Gas Severance Tax

Enacting a severance tax on natural gas would raise much needed funding for education, environmental, and other critical services and help close the projected $2 billion budget shortfall in the 2015-16 budget. With support from Governor Wolf and many legislators on both sides of the aisle, 2015 could be the year when Pennsylvania finally enacts a severance tax on the withdrawal of this valuable one-time natural resource.