Article by Jennifer Karpchuk on "Top 3 State Tax Implications of Gov. Wolf’s Proposed Budget"
Jennifer Karpchuk explains key tax components of Gov. Tom Wolf’s proposed budget for 2020-21. Jennifer provides an overview of Wolf’s plans to lower the corporate net income tax, institute combined reporting, and establish a tax on Marcellus Shale natural gas production. She also notes that these changes are not new and in the past have been met with criticism, lobbying, and defeat.