Could Big Tech Taxes Fill PA Budget Holes?

Lawmakers look to taxes on Big Tech to help cover state spending needs

The proposals come as public opinion shifts against major tech companies and Pa. lawmakers struggle to find revenue.

Could Big Tech taxes fill PA budget holes?

HARRISBURG — Taxes aimed at the tech industry are on the table as Pennsylvania lawmakers negotiate the upcoming budget and look for ways to help balance the commonwealth’s shaky books. Two options have been floated, including eliminating the state’s sales tax exemption for purchases related to building and maintaining data centers. The commonwealth is projected to miss out on $2 billion in accumulated tax revenue by 2031. The other proposal woul…

Tax Break For Data Centers Could Be On Chopping Block In Harrisburg

The proposals come as public opinion shifts against major tech companies and Pa. lawmakers struggle to find revenue. The post Tax Break For Data Centers Could Be On Chopping Block In Harrisburg appeared first on NewtownPANow.com.

Lawmakers look to Big Tech taxes to help cover spending needs

HARRISBURG — Taxes aimed at the tech industry are on the table as Pennsylvania lawmakers negotiate the upcoming budget and look for ways to help balance the commonwealth’s shaky books.