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Number9Dream

(1,561 posts)
Fri Aug 2, 2019, 10:11 AM Aug 2019

Rep. Frank Ryan (R) - Reduce PA property taxes by taxing pensions

Snip> Republican state Rep. Frank Ryan said this week he soon will file a bill that would eliminate the much-despised school property tax. One of his ideas for raising revenue is a 4.92% tax on retirement income, which currently is not taxed in Pennsylvania.

Snip> “The whole point is to have people stay in their homes longer,” State Rep. Peter Schweyer (D) said. “You don’t achieve that goal by taking money out of the hands or the pockets of the people you are trying to help.”

Completely agree with Rep. Schweyer... a bad idea.

No mention of taxing fracking!

https://www.mcall.com/news/pennsylvania/mc-nws-pa-retirement-tax-20190730-yycx37m7lbfnxmodutdonwqcjq-story.html

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Rep. Frank Ryan (R) - Reduce PA property taxes by taxing pensions (Original Post) Number9Dream Aug 2019 OP
I say, have the 1% pay their fair share! Oh no, how inflammatory! Firestorm49 Aug 2019 #1
Oh the horrors of the ... GeorgeGist Aug 2019 #2
Don't retirees still use roads, police, fire and other government services? MichMan Aug 2019 #3
I'm a PA retiree Freddie Aug 2019 #4
Those repukes never met a regressive tax they didn't like meow2u3 Aug 2019 #5

Freddie

(9,265 posts)
4. I'm a PA retiree
Sat Aug 3, 2019, 11:18 AM
Aug 2019

We still pay all the other taxes (property, federal, etc) just not the 3.07% PA wage tax or local earned income tax on pensions. It’s a nice little thing. The 3.07% is a flat tax, not progressive. That’s the problem IMO.

meow2u3

(24,761 posts)
5. Those repukes never met a regressive tax they didn't like
Sat Aug 3, 2019, 01:41 PM
Aug 2019

They're just greedy bastards who want the taxes of their campaign contributors slashed--and to shake down seniors!

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