tax-collections

A proposed reduction to Pennsylvania's corporate net income tax could be included in this year's state budget.

States feel budget pinch amid darkening revenue projections | Analysis

BY: - April 11, 2023

A slowing economy is hitting many states’ tax collections as they craft new budgets.

A proposed reduction to Pennsylvania's corporate net income tax could be included in this year's state budget.

Pa. finished 2022 with $19.7B in tax collections; ahead of projections so far | Wednesday Coffee

BY: - January 4, 2023

December tax revenues totaled $4B, 8.6 percent ahead of estimates, officials said.

Pa. collected $2.8B in taxes in November; State still ahead of estimates | Tuesday Morning Coffee

BY: - December 6, 2022

Last month's haul was nearly $202M, or 6.8 percent, behind projections, officials said.

A proposed reduction to Pennsylvania's corporate net income tax could be included in this year's state budget.

Pa. collected $3.1B in tax revenue in October; Sales tax, income tax collections increase

BY: - November 1, 2022

Sales tax and income tax revenues grew, even as other key indicators showed decreases, according to newly released state data.

A proposed reduction to Pennsylvania's corporate net income tax could be included in this year's state budget.

Pa. collected $4.2B in tax revenue in September; $9.8B so far this year

BY: - October 3, 2022

Mirroring some of the confusion in the national economy, Pennsylvania’s tax collections for September also were a mixed bag, according to newly released state data.  The commonwealth collected $4.2 billion in general fund revenue in September, coming in at $135.8 million, or 3.3 percent, ahead of projections.  Three months into the 2022-23 fiscal year, the […]

Revenue Dept.: Pa. collected $3.8B in tax revenue in December

BY: - January 3, 2022

With Gov. Tom Wolf's last budget address just about a month away, the state has collected $22.6B for the fiscal year that ends on June 30.

Rocked by COVID economy, Pa. finishes 2019-20 budget year $3.2B in the red

BY: - July 2, 2020

The state finished the 2019-20 budget $3.2 billion, or 9.1 percent, below its expectations, collecting $32.3 billion in general fund revenues.

Pa. finished March ahead of projections for tax collections, Revenue Dept. says

BY: - April 1, 2019

Pennsylvanians are buying more. And vice continues to be big business, new state tax collection data indicates.