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Kiplinger
Kiplinger
Business
Katelyn Washington

HISTORICAL FACTS: Will pennsylvania tax breaks help replace lost residents - Caught on Camera

Trees and buildings in Philadelphia, Pennsylvania for Pennsylvania tax story

Hoping to attract new residents, Pennsylvania Gov. Josh Shapiro has proposed new Pennsylvania tax breaks. According to recent IRS migration data, Pennsylvania experienced a notable population decline between 2021 and 2022, in part due to high taxes. If the legislation is enacted, some Pennsylvania residents could see significant tax cuts.

“If you want to be a police officer, a teacher, or a nurse — we want you here in Pennsylvania, and the Commonwealth is going to put our money where our mouth is and have your back,” Gov. Shapiro said in a press release regarding potential tax cuts for essential workers.

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