PA Liquor Control Board Transfer of Nearly $550 Million to State Coffers in 2014-15 No Fairy Tale

A new financial report for 2014-15 reveals that the Pennsylvania Liquor Control Board is still a cash cow that delivers more than half a billion dollars annually to commonwealth coffers. Pennsylvania taxpayers and state legislators should remain wary of anyone offering magic beans for this cash cow – an exchange more likely to leave Pennsylvania’s finances in bleaker shape than to produce the payoff magic beans did in the Jack and the Beanstalk fairy tale.

The Road Not Taken

Over the past few years, many other states, similar to Pennsylvania in 2011 and again today, have faced critical choices about whether to raise state revenues, hold firm to “no new taxes” or even cut taxes further. Today we released the results of our examination of the experience of four states, as well as Pennsylvania, and the different roads they each took.

Wednesday’s tax vote – legislators’ golden opportunity to honor their words

Gov. Corbett’s first budget, passed by the Republican-controlled General Assembly, cut funding for education by nearly $860 million. Two-thirds of these cuts – $570 million – remain in place, an average of $330 per student. In school districts attended by a quarter of students in the state – districts with lower incomes and higher poverty than in the rest of the state – the cuts remaining in place are much higher, $832 per student.

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