Lynn Swann for Governor

Team 88 ^ | Lynn Swann

[sportutegrl]

Pennsylvania is crippled by an absolute refusal of this administration to curb spending or lower taxes on job creators. A study conducted a few years ago found that business taxes per employee were 58% higher than the national average. Pennsylvania ranks 5th highest in the category of business taxes collected per employee. That has not changed under Governor Rendell.

Take for example the Rendell tax increase of 2003. While the administration fought for the increase of the Personal Income Tax (PIT) as a way to pay for their out of control spending, they never once considered the impact it would have on our job creators. Business partnerships, “S”-corporations, limited liability corporations, and other similar small businesses pay their taxes through the PIT.

Governor Rendell’s initial tax increase plan, an increase in the PIT by 34%, would have cost small businesses $3.2 billion over 8 years.

Raising taxes on our job creators is not the way to turn around the economy. After all, it is estimated that small businesses create almost 70% of our new jobs.

A recent study concluded that Pennsylvania missed creating over 33,000 new jobs in 2004 alone thanks to the Rendell tax increase. Instead of ranking in the bottom half of the country in job creation, we could have climbed into the top 20.

Our Corporate Net Income Tax is currently at 9.99%. This gives us the distinction of having the 3rd highest rate of the 44 states that have corporate income taxes.

When it comes to spending, this administration has never seen a dollar it hasn’t wanted to spend. The past three Rendell budgets have increased spending by over 18%, and the cost of government per family has increased $2,700 for each family of four.

[fortunecookie]

One in the same and I met him once. He was polite and a gentleman. I hope he runs and wins.

Lucky you! I hear he's warm, personable and intelligent, too, and it comes across when he's on TV. My son and brother in law ran into him in a McDonald's in the Pittsburgh area. Lynn was friendly and they chatted a moment, they say he's just like one of the guys there, not like a celeb mugging for fans or anything. I hear that a lot from people I know who live in the area.