NO NEW TAXES

Balancing the budget with reduced spending

• Governor Corbett is committed to running a state government that lives within its means.

• Since coming into office, Governor Corbett has signed two on-time budgets without raising taxes.

• The Governor plugged a $4.2 billion deficit by controlling state spending.

• The typical Pennsylvania family would have had to pay an additional $1200 in taxes over the past two years if the Governor had raised income taxes to close the state deficit instead of controlling spending.

Phasing out Job Killing Taxes

• The Governor continues to phase out the job-killing capital stock and franchise tax saving businesses and employers an estimated $390 million over the last two years.

• The Governor eliminated the Inheritance Tax on farms, protecting Pennsylvania’s family farms.