PA tax revenue higher than expected for September
Pennsylvania has brought in $2.6 billion in tax revenue for the month of September; more than anticipated. The Department of Revenue, the Motor License Fund, and sales and corporate taxes all saw higher than expected revenues for the month of September. The Motor License Fund has collected revenues totaling 8 percent over estimates for the year to date. Cigarette, malt beverage, liquor and table games taxes were also slightly up at $100,000 over the estimate for September. While most areas saw higher than anticipated numbers other areas fell short. Personal income taxes and realty transfer taxes were both below estimates for the month of September.
Top analyst predicts Wolf wins in PA
A well-known political analyst has predicted that Tom Wolf will win the Pennsylvania gubernatorial race. Larry Sabato is the director of the University of Virginia’s Center for politics and he recently changed his rating for the race from a “likely Democratic” race to a “safe Democratic” race. Sabato noted on his website that Governor Tom Corbett’s best poll numbers came from a recent poll where he tailed Democratic candidate Tom Wolf by only 9 points; Sabato said this only reinforced the “strong feeling that” Wolf will win the race. Corbett had been labeled as “the most vulnerable incumbent governor in the nation” by Sabato, who has slowly shifted his opinion on the race as Wolf continues to gain points in the polls. Pennsylvania has a history of giving each party consecutive terms in the office of governor but given Corbett’s.
No incumbent governor has ever lost their bid for reelection since the allowance of two consecutive terms were permitted by the state constitution in 1974. The race could have national implications and affect the Republican control of governorships in the US; to date the Republican Governor’s Association has contributed almost $6 million to Corbett’s campaign proving they are heavily invested in retaining control of the Governor’s office in Pennsylvania. Corbett and Wolf face off in their final debate in Pittsburgh next week before the November 4 election.