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Property Tax Relief

Monday, June 4, 2012

Pa. Gaming Revenue Highest In USA

Pa. tax relief from slots revenue varies by school district.

By Melissa Daniels | PA Independent  HARRISBURG — Every dollar in the slot machine adds 55 cents to Pennsylvania’s tax revenue, contributing to the largest pot of gambling tax revenue in the nation. That means Pennsylvanians see more return from the gambling operations than any other state, including Nevada and New Jersey. But not all groups are satisfied with how that money gets returned, and growing competition from surrounding mid-Atlantic states is a potential threat to the revenue stream set aside to help property owners pay their tax bills.  In Pennsylvania, gambling brought in a total of $3.02 billion in consumer spending in 2011. Of that, $1.456 billion was returned to the state in tax revenue, the highest of any of the states …

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Joe Corcoran

9:47 am on Friday, July 6, 2012

Hopefully to hire more English teachers.   more ›

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