State Budget and Taxes

Friday Funny: Altoona to Become 'Pom Wonderful'

Sometimes, the Friday Funny just writes itself.

This just in from The New York Times' Media Decoder Blog:

The documentary filmmaker Morgan Spurlock has found another catchy way to promote his next release, “The Greatest Movie Ever Sold,” which takes a wry look at product placement and the integration of brands in the plots of movies and TV shows.

The city of Altoona, Pa., agreed on Wednesday night to sell naming rights to Mr. Spurlock for 60 days, beginning on April 27. For a fee of $25,000, Altoona will be called after the full title of the film, which is “Pom Wonderful Presents the Greatest Movie Ever Sold.”

In DelCo, a Success Story that Raises Big Questions About Budget Priorities

Advocates, educators and parents delivered a message to Harrisburg Wednesday from the steps of the Delaware County Courthouse some 95 miles away: Don’t enact a state budget that will do real harm to working people and families in our communities.

Halfway through the press conference, a tall, broad-shouldered man named Wilson Bryant, who had been standing all the way in the back, head and shoulders above the crowd, walked to the front.  He said he didn’t have a speech prepared but wanted to testify about his personal story.  He had become seriously ill, he said, and, without health insurance, had lost his home and with it his sense of hope. 

Fact Checking West Virginia Drilling Claims

Acting Revenue Secretary Dan Meuser told lawmakers in a budget hearing last month that only 20 Marcellus Shale gas wells have been drilled in West Virginia since that state enacted a drilling tax, while Pennsylvania has had more than 600 such wells drilled.

As we explained in a recent policy brief, that’s not quite accurate.

According to World Oil Online, West Virginia led the nation in new gas wells in 2010, along with Texas and Arkansas — all of which have drilling taxes. Pennsylvania, without a drilling tax, came in sixth, with 833 new wells.

Not So Special Care

It has been just about six weeks since the adultBasic program came to an end, leaving 42,000 Pennsylvanians without affordable health insurance coverage. Governor Corbett ended the program, claiming that the state, and the Blues, were too poor to continue funding it.

Never mind that the Governor took $220 million in health care money to create a new business loan fund, or that Highmark just keeps raking in the dough. (More about that later.)

AdultBasic enrollees were encouraged to sign up for Special Care — a Blues product most notable for its winning combination of expensive premiums and lousy coverage — through two letters sent to recipients and in numerous phone calls with the soon-to-be uninsured. Their new friends, the Blues, would be only too happy to accommodate the newly uninsured.

So how’s that working out? Turns out, not so well.

In Case You Missed It: Third and State Blog for Week of April 4

This week, we blogged about oppressive regimes and income inequality, what the top CEOs are making these days and calls this week for state lawmakers to grow the revenue pie. 

IN CASE YOU MISSED IT:

  • On wages, Stephen Herzenberg wrote that median CEO pay in 2010 rose 27%, compared to a 2.1% increase in the compensation of workers in private industry. And in light of recent discussion about public-sector pay, he pointed out that the two highest-paid CEOs in Pennsylvania earn a lot more than the 100 top-paid public-sector workers.
  • On income inequality, Chris Lilienthal shared highlights from a Vanity Fair article by Nobel Laureate Joseph Stiglitz on income inequality in the U.S. Stiglitz writes that, in light of recent turmoil and protests in Egypt, Libya and other oppressive regimes, growing income inequality in the U.S. should be a concern for the rich as much as the rest of us.
  • Finally, Sharon Ward posted a short video highlighting an event this week in the state Capitol that brought college students, advocates for domestic violence victims, educators and more out to deliver pie to state lawmakers.

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

Friday Podcast: Growing the Revenue Pie

This week, I joined educators, students, advocates for women and domestic violence victims, faith groups and more to deliver pies to all 253 of our state lawmakers. Yes, pies.

Our message was simple: Grow the state's revenue pie by closing tax loopholes and ending special interest tax breaks. A cuts-only budget is going to hurt middle-class families and drive up local property taxes.

In Case You Missed It: Third and State Blog for Week of March 28

Senator Jeff Piccola expanding school vouchers concept to include Pennsylvanians trapped in low-performing families? A state worker stunned to learn her mid-level administrative job is no pathways to riches? A Corbett speechwriter struck with a rare illness afflicting writers of overwrought clichés?

Either it's a particularly zany news day — or it's the first of April!

In Third and State's Friday Funny, we pass on an April Fool's take on the latest un-news coming out of Harrisburg. (Our thanks to a loyal blog reader for passing this one along.)

In other news this week, we blogged about the taxes gas drillers do (or don't) pay, why the minimum wage matters, imaginative tax avoidance strategies, and much more! 

IN CASE YOU MISSED IT:

  • For much of the week, it was the Mark Price Show at Third and State. On wages, Mark explained just how much the minimum wage matters and why the failure of policymakers to peg it to growth in productivity (or even inflation) has had a wide-ranging impact on American society.
  • On jobs and unemployment, Mark blogged about imaginative tax avoidance strategies at work at General Electric.
  • And on fiscal and monetary policy, Mark wrote about the Federal Reserve's policymaking role and why it is so important to the economic recovery.
  • Finally, Michael Wood has a post on the taxes that natural gas drillers in the Marcellus Shale are (or are not) paying.

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

Governor Needs a 'Vision' Check on Marcellus Shale

Governor Corbett claimed in a recent Patriot-News story that Marcellus Shale gas drillers have paid $71 million in sales taxes over the last two years as proof that the industry is paying an adequate share of taxes. It's a big number, but isn't likely accurate for a number of reasons.

In Case You Missed It: Third and State Blog for Week of March 21

This week on Third and State, we blogged about Marcellus Shale trickle down economics, the Affordable Care Act's first birthday, unions and inequality, and much more!

In case you missed it:

  • On the Marcellus Shale, Mike Wood notes that trickle down economics is not helping the local communities across Pennsylvania hosting increased natural gas drilling.
  • On health care, Chris Lilienthal highlights a "consumers' hearing" in the State Capitol Rotunda on the one-year anniversary of the Affordable Care Act's passage. The hearing presented the perspective of Pennsylvanians who have benefited from the law - a perspective that was omitted from a congressional hearing on the landmark law also held at Pennsylvania's State Capitol this week.
  • On federal tax issues, Chris blogs about an interview on WHYY's Fresh Air that explained some of the accounting gimmicks that large corporations use to shelter income overseas and avoid as much as $90 billion a year in U.S. taxes.
  • On wages and income inequality, Mark Price shares research documenting that in economies where more people are covered by unions, there is less inequality.
  • Finally, Mark has this week's Friday Funny: The Daily Show's Jon Stewart takes on new governors, mean stepdads and confusion within the administration of Maine's new governor about what exactly a mural is.

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

Trickle Down Economics Not Helping Marcellus Shale Communities

The counties hosting the most Marcellus Shale gas drilling are showing early signs of increased economic activity, but little in the way of increased resources.

The smart people at Penn State's Cooperative Extension (which is shortsightedly cut by 50% in the Governor's 2011-12 budget proposal) looked at state tax collections by county and noticed that certain types of taxes are performing better in areas of heavy drilling activity than in the rest of the state. Based on anecdotes of filled hotel rooms, increased restaurant usage, and checks to landowners for drilling rights, it is not surprising to see an initial uptick in royalty income and sales tax receipts in those counties.

For local governments and schools hosting the activity, there are increased demands for services like education, health care, police, and emergency responders, to name a few. The problem is that these communities receive almost no benefit due to the state's tax structure.

Syndicate content