HARRISBURG ¬– In response to Gov. Tom Wolf’s plan to increase the Personal Income Tax on hard-working Pennsylvanians and business owners, Rep. Lou Schmitt (R-Blair) issued the following statement:
“What the governor is proposing only serves to further harm working class families and small businesses owners that are still reeling from his business closures last year. The governor is proposing a regressive $7 billion middle class and small business tax increase by increasing the Personal Income Tax. This would greatly harm families, particularly families of four that make more than $84,000 a year.
“The increase would also put small businesses, most of which pay the Personal Income Tax, at a disadvantage against larger corporations that pay the Corporate Net Income Tax. Our small businesses employee roughly 50% of all private sector workers in the Commonwealth and are already struggling to survive. A greater tax burden only serves to further harm our family-owned businesses.
“I am not shocked by Wolf’s proposal to increase taxes. It is the same mantra he’s lived by since taking office. Just as he’s touted tax increases, the Republican-led General Assembly has worked equally as hard to stop tax hikes all while increasing education funding. We will continue to work hard to move along that path this year.”
For more information on Schmitt and his legislative priorities, please visit RepLouSchmitt.com
Representative Lou Schmitt
79th Legislative District
Pennsylvania House of Representatives
Media Contact: Greg Gross