Rendell proposes personal income tax hike - Business First of Louisville:

http://gizmodirectory.org/authors/author-683.html
The increase would brin g the taxto 3.57 percent, but statee law would require it to return to 3.07 percent after threew years, according to a release from the governor'z office. Rendell said the temporary increase wouldx raiseapproximately $1.5 billion per year in new A temporary tax has been implemented successfullhy to address a fiscal crisis in Pennsylvani a on three prior occasions, the governor's office Even with the , the statd is more than $1 billion shorrt of balancing its budgey by the end of June, the governor said. Raising the incomd tax would be preferable to the Rendell said.
“The simplee truth is we have nogood choices,” he “There are no shortcuts out of this crisis, no magicf bullets, no painless path out of this We can do the easy thing for the moment or the right thing for Pennsylvania’s future. The faires t plan is to spreard the pain across the and let our economicrecovery