Pennsylvania tax revenues stronger than anticipated, $580 million above estimates

Pennsylvania tax revenues stronger than anticipated, $580 million above estimates

(The Middle Sq.) – Pennsylvania’s tax receipts have been robust for March 2022, with the Unbiased Fiscal Workplace revising its projections up by $580 million from its August estimate. Gross sales taxes, private earnings taxes, and company internet earnings taxes drove the rise, indicating that the economic system is recovering from pandemic-related slowdowns. The labor…