Tuesday, March 03, 2015

The LuLac Edition #2849, March 3rd, 2015




If you break down the proposed budget, there are groups that will make out better than others.
Penn State: Wolf is proposing a nearly 10 per cent increase for state schools.
Schools: The Governor is asking for 400 million dollars more for basic education increasing that budget to over 6 billion dollars. The question is will more money improve the schools or will we continue to educate less than stellar students in this state?
The Great Outdoors: State Parks, Forests, and stricter enforcement for oil and natural gas wells.
Business: A cut in the corporate profits tax rate from 9.99 percent to 5.99 percent. Also there will be new bond funding to aid in business infrastructure.
Workers and Farmers: A raise of the minimum wage to nearly ten dollars an hour. An increase in funding to develop programs to promote farming.
Corrections: An increase in money for Corrections and the State Police.
Health Care: Not saying no to the Federal Government Medicaid expansion, and expanded services for seniors. Antoinette Kraus, Director of the Pennsylvania Health Access Network released the following statement in response to the Governor’s message :
"Governor Wolf's health care proposals, as outlined in his budget, will make our health care system more efficient and remove harmful barriers to care that have jeopardized the health and economic security of Pennsylvania families".


The state Courts, The Museum Commission, and Libraries will stay stagnant. What is mystifying to me is that Libraries are never funded fully when Education spending increases. Yet it is the Library that is the cornerstone of the community educational system.
Reaction from the GOP was predictable. Senator Jake Corman said that they could start from scratch. Wolf in his address said it was okay to say no but to come to the table with an idea. He said no idea or saying no would not be helpful.
Wolf’s budget is ambitious and calls for tax increases on goods and services which will put every taxpayer’s skin in the game. Hopefully there will be relief for property tax owners who have been carrying the burden of paying for education for years. A sales tax will be fair and equitable to everyone from the richest landowner to the person living in public housing. Everyone will pay. Plus the middle class will finally get a break. If a person makes more than $50,000 a year an owns a home, it is conceivable their taxes will go down by 16 percent.
Wolf was strong in his presentation and has shown a willingness to compromise. Let’s see how the GOP reacts. 


At 11:09 AM, Anonymous Anonymous said...

Read the breakdown on what he wants to tax. Lookout low and middle income earners, he's coming for your money. Even if he gets the minimum wage increase, the money will be eaten up in new taxes, so the wage earners have a net increase of zero.

At 7:53 AM, Anonymous Anonymous said...

Wolf's budget: We all know what has to be
done in Pennsylvania, "PENSION REFORM".
Even if all the tax increases he wanted
were put in place, 4 years down the road
Wolf would need more money for the state
pension system. Would bet pension reform
never crosses his lips in the next 4 years!

At 12:29 PM, Anonymous Anonymous said...


High earners are relocating to low tax states.

Rather than cut back on spending the governor throws a wider tax net and catches more of the middle and low end.

Nothing changes except the exodus by those who are fed up and are able to vote with their feet.

At 12:25 PM, Anonymous Anonymous said...

The un-sustainability of "legacy pensions" became so apparent that the IRA was officially enacted in 1974.

The businesses and governmental agencies that ran and acknowledged the "numbers" 40 years ago are doing quite well.

The employees who took the time to research what was being said also understood and acknowledged the un-sustainability. Those employees opened and regularly contributed to their IRA's. Their active participation has allowed them to do very well.

Those that refused to take control of their coming retirement are now like the Keystone State: struggling to make ends meet and basically ignoring reality.

Wolf HAS to get the state out from under these pension plans. He needs to get it in gear and convince the public, then work on a plan to change the minds of the unions.

It will take " set". Maybe he could call Wisconsin and have a heart to heart with Scott Walker.

At 2:54 PM, Anonymous Anonymous said...

Hey 12:25 PM

Obama is looking at taxing retirement accounts and increasing taxes on inheritances.

They spend our money (or print money, which makes what we have worth less) and behave like crackheads.

You can't believe anything you are told by these thieves. So why encourage them by saving anything?

Live it up!!!!


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