This Week at Third and State: Corporate Tax Cuts, Payday Lending, More on Inequality and Food Stamp Challenge

This week at Third and State, we blogged about state legislation that would cut corporate taxes by close to a billion dollars by the end of the decade, what inequality has to do with the funding of infrastructure, the Philadelphia Food Stamp Challenge, payday lenders eyeing a return to Pennsylvania, and more.


  • On the state budget, Sharon Ward highlighted concerns about a state House bill that would cut corporate taxes by close to a billion dollars by the end of the decade.
  • On income inequality, Chris Lilienthal blogged about a recent op-ed connecting inequality with an underfunding of the nation's infrastructure. In Morning Must Reads on inequality, Mark Price shared a New York Times analysis on increasing income inequality in America and an editorial on the "festering problem" of exorbitant CEO pay.
  • On poverty and food assistance, Chris Lilienthal blogged about the Philadelphia Food Stamp Challenge going on this week and the importance of food assistance to Pennsylvania families struggling in this economy.
  • On the financial industry, Mark Price had a Morning Must Read highlighting news coverage of an effort by payday lenders to advance legislation in Pennsylvania allowing interest rates on short-term loans as high as 419%.
  • Finally, Mark Price had a Morning Must Read on rising mortgage foreclosures and an effort to provide better disclosure of fees for 401K plans.

More blog posts next week. Keep us bookmarked and join the conversation!


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