HARRISBURG – Sen. Jarrett Coleman (R-16) today voted for legislation approved by the Senate containing historic tax cuts for Pennsylvania workers and families.
“I believe taxpayers can spend their own money better than government can spend it for them,” Coleman said. “If the state government has too much of the taxpayers’ money, then it should return the excess money to the taxpayers. Most taxpayers don’t want state government to keep the change. I believe this money should be returned to the taxpayers who provide every penny in the state’s coffers.”
Senate Bill 269 would reduce the state personal income tax (PIT) rate from 3.07% to 2.8%, enabling working Pennsylvanians to keep more of the money in their paychecks.
The bill also would eliminate the gross receipts tax on energy effective Jan. 1, 2025. This would provide critical relief to Pennsylvanians struggling to pay high energy costs.
The legislation calls for the largest tax cut for working families in Pennsylvania history, saving taxpayers more than $13 billion during the next five years.
“This plan could jumpstart Pennsylvania’s economy by putting $3 billion back into the pockets of taxpayers, who then could spend or invest it in our communities,” Coleman said. “Rather than targeting one special interest group at the expense of another, this plan would benefit all working Pennsylvanians. If you work and pay taxes, you deserve a tax cut. People should keep more of their own hard-earned money.”
The proposal to cut taxes is a sharp contrast from Gov. Josh Shapiro’s call for $3.2 billion in new government spending. It also contrasts with House Democrats’ efforts to nearly quadruple certain taxes paid by small businesses.
Senate Bill 269 was sent to the House of Representatives for consideration.
Residents who want to learn more about Coleman can visit his website at www.SenatorColeman.com, follow him on Facebook at www.Facebook.com/SenatorJarrettColeman and sign up for email newsletters at www.SenatorColeman.com/eNewsletters.
CONTACT: Leo Knepper