Pitt's State Funding Cut by ANOTHER 5%, on top of 20% Cut a few months ago

<p>Pitt</a> among those affected by state budget freeze - Pittsburgh Business Times</p>

<p>This 5% cut applies to all state-owned and state-related universities.</p>

<p>Officially, it is a freeze, not a permanent cut, but considering he tried to cut all of the funding by 50%, I believe the money is gone.</p>

<p>In addition, he froze 5% of the funding to PHEAA, which funds state grants directly to college students. </p>

<p>Meanwhile, Pennsylvania remains the ONLY state with a natural gas industry that does not charge an extraction fee or tax. The legislature commited themselves to pass the fee three years ago, but we are still waiting... and waiting....</p>

<p>I don’t think PA needs any NEW taxes. If we are going to compare ourselves to other states let’s look at ALL the taxes that PA charges compared to those other states. </p>

<p>Amazing how most people approve of taxes on people other than themselves. Almost as curious as the fact that those most interested in raising taxes are often the ones that pay the least amount of taxes and use the most amount of services. Just my opinion…</p>

<p>Aglages: You’re in the minority in PA. Per a December 2011 Muhlenberg poll, 71% of Pennsylvanians support an extraction tax with 43% strongly supporting such a measure.</p>

<p>I’m with aglages on this one. The second highest state corporate income tax in the country is already doing enough to drive businesses away from PA.</p>

<p>

Of course. Raise taxes on “other” people. When Gov Rendell ran on a campaign of not increasing taxes for anyone; how did the voters of PA respond? That’s right…they elected him when it came time to decide on their own taxes. Of course there is another LARGE group of PA voters that did not vote for him. That would be the ones that pay the least amount of taxes and use the most amount of services. Just my opinion…</p>

<p>BTW - Thanks dadinator!</p>

<p>According to Kiplinger’s Best Values in Public Colleges (Top 100):
Pitt is 29th and PSU 51st. Not too bad.
<a href=“http://www.kiplinger.com/tools/colleges/[/url]”>Best College Values, 2019 | Kiplinger;

<p>Let me guess who has the highest state corporate income tax in the U.S. Please don’t become another California!</p>

<p>70% of corporations in Pa. pay no corporate income tax. I’d be totally in favor of reducing the state corporate tax rate, if we get rid of the infamous Delaware loophole (as other states have done). If everyone pays their fair share, then the rate could be much lower and generate the same revenue. </p>

<p><a href=“http://pennbpc.org/sites/pennbpc.org/files/Combined-Reporting-May-2010.pdf[/url]”>http://pennbpc.org/sites/pennbpc.org/files/Combined-Reporting-May-2010.pdf&lt;/a&gt;&lt;/p&gt;

<p>^^^
I’m glad you’d be in favor of eliminating a corporate loophole. How about we hold off on NEW taxes until we fix the problems with the old ones? Again, lets not use what other states have done as an excuse to raise taxes.</p>