Pennsylvania Gov. Wolf wants to increase taxes for some residents | Fox News

Democratic Pennsylvania Gov. Tom Wolf wants to raise taxes on wealthy residents and the natural gas industry to help pay for new investments into education and coronavirus relief.

The governor’s proposal will call for increasing the personal income tax rate from 3.07% to 4.49%.

The reported budget plan follows a statement Tuesday in which Wolf’s office said 67% of Pennsylvania taxpayers would see tax cuts or have their taxes stay the same under his plan to cut costs for working class households while raising billions to invest in education and “workforce development.”

Source: Pennsylvania Gov. Wolf wants to increase taxes for some residents | Fox News