More details are emerging about Governor Tom Wolf’s plan to cut corporate taxes.
In last week’s budget address, Wolf proposed cutting the Corporate Net income tax, which currently stands at 9.99 percent. That’s the second highest in the nation.
The proposed budget would take it down to 7.99 percent starting next January with a goal dropping it gradually until it hits 4.99 percent.
The idea is expected to garner bipartisan support.
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