PA Budget: No State Tax Increases For 2011-12

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On June 30th, Governor Corbett signed a state budget reducing Pennsylvania’s state government spending by more than $1 billion. These cuts, including substantial cuts to K-12 school funding and aid to higher education, however, virtually ensure tax increases by many local school districts and higher tuition for college students attending state-owned and state-related universities. Following are key highlights of interest to Pennsylvania businesses.

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