Huwebes, Pebrero 12, 2015

Turzai taking preemptive strike so tax on corporations ends in 2015

After more than a decade of attempts to rid Pennsylvania companies of the double burden tax, the Capital Stock and Franchise Tax is expected to end Dec. 31, 2015, concluding a two-year phase-out. Now legislative and business leaders aren't so sure. Pennsylvania Speaker of the House Rep. Mike Turzai (R-Allegheny) held a meeting in downtown Pittsburgh Thursday morning to build awareness of the tax — and rally the troops in case it may not be going away after all. "I was in these battles for the…

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