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Updated: 7:16 PM EST Feb 3, 2021 By Tom Lehman Pennsylvania Gov. Tom Wolf says he wants to boost funding for public schools, to be supported by an increase in the state’s personal income tax rate that also expands exemptions for lower-wage earners.The proposal is part of Wolf s 2021 budget plan, which he unveiled Wednesday in a recorded message. You can watch the full address below. The governor wants to hike the personal income tax to 4.49% from 3.07% but increase the exemption for the lowest earners. This isn t about pitting the rich against the poor and the middle class. This is about asking folks who have already made it to shoulder a little more of the burden,” Wolf said.Under the proposal, the allowances for tax forgiveness will increase to $15,000 for single filers, $30,000 for married filers and $10,000 allowance for each dependent. Filers with incomes at or below these thresholds will receive 100% tax forgiveness, officials said. The percentage ....
3:34 A virtual joint session of the Vermont legislature was held this afternoon to hear Governor Phil Scott’s budget address. The joint session is usually framed in pomp and ceremony but due to the pandemic it featured only Lieutenant Governor Molly Gray and the Senate Clerk introducing Governor Scott to deliver his fifth budget address. The Republican began with comments on the inauguration of President Joseph Biden just two weeks after a violent mob attempted to overturn the results of the election. “We cannot pretend it didn’t happen or sweep it under the rug. We must reflect on it and find a path forward that unites us.” ....