2014 Pennsylvania Governor's race: on Tax Reform

Tom Wolf: Shift income tax burden to higher earners

All four Democratic candidates would seek to impose a severance tax on natural gas extraction--though the amounts they would choose differ--and expand the reach of the corporate net income tax by requiring combined reporting.

McCord: Would seek to repeal the 2-year-old impact fee on natural gas drilling and impose a 10% severance tax on natural gas extraction.
McGinty: Would seek to impose a "reasonable" severance tax on natural gas extraction.
Schwartz: Would seek to impose a 5 percent severance tax on natural gas extraction.

Wolf: Would seek to impose a 5 percent severance tax on natural gas extraction. Would seek to change Pennsylvania's personal income tax law by excluding taxation on income below a certain amount and increasing the rate to shift the burden to higher earners. Would seek to lower the corporate net income tax rate. Source: The Patriot News on 2014 Pennsylvania governor debate May 10, 2014

The above quotations are from 2014 Pennsylvania Gubernatorial debates and race coverage. Click here for definitions & background information on Tax Reform. Click here for other issues (main summary page). Click here for more quotes by Tom Corbett on Tax Reform. Click here for more quotes by Allyson Schwartz on Tax Reform.
*Candidates and political leaders on Tax Reform:*
*Retired Senate as of Jan. 2015:* GA:Chambliss(R) IA:Harkin(D) MI:Levin(D) MT:Baucus(D) NE:Johanns(R) OK:Coburn(R) SD:Johnson(D) WV:Rockefeller(D) *Resigned from 113th House:* AL-1:Jo Bonner(R) FL-19:Trey Radel(R) LA-5:Rod Alexander(R) MA-5:Ed Markey(D) MO-9:Jo Ann Emerson(R) NC-12:Melvin Watt(D) SC-1:Tim Scott(R)	*Retired House to run for Senate or Governor:* AR-4:Tom Cotton(R) GA-1:Jack Kingston(R) GA-10:Paul Broun(R) GA-11:Phil Gingrey(R) HI-1:Colleen Hanabusa(D) IA-1:Bruce Braley(D) LA-6:Bill Cassidy(R) ME-2:Mike Michaud(D) MI-14:Gary Peters(D) MT-0:Steve Daines(R) OK-5:James Lankford(R) PA-13:Allyson Schwartz(D) TX-36:Steve Stockman(R) WV-2:Shelley Capito(R)	*Retired House as of Jan. 2015:* AL-6:Spencer Bachus(R) AR-2:Tim Griffin(R) CA-11:George Miller(D) CA-25:Howard McKeon(R) CA-33:Henry Waxman(D) CA-45:John Campbell(R) IA-3:Tom Latham(R) MN-6:Michele Bachmann(R) NC-6:Howard Coble(R) NC-7:Mike McIntyre(D) NJ-3:Jon Runyan(R) NY-4:Carolyn McCarthy(D) NY-21:Bill Owens(D) PA-6:Jim Gerlach(R) UT-4:Jim Matheson(D) VA-8:Jim Moran(D) VA-10:Frank Wolf(R)
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Page last updated: Dec 06, 2018