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Gubernatorial Candidates Outline Plans for Jobs and Innovation
Of politics and promises, much can be said, but in the early days of the 2010 gubernatorial contest, it is encouraging that many of the early promises made by the candidates are focused on growing Pennsylvania’s innovation economy. In recognition that job creation is the number one issue on the minds of Pennsylvania voters, each […]
Continue reading...Details of Therapeutic Discovery Tax Credit Announced
9. June 2010
The U.S. Department of Treasury has announced guidelines for the new $1 billion tax Therapeutic Discovery Project tax credit that was created by the Affordable Care act. The program will provide tax credits and grants to small firms that show significant potential to produce new and cost-saving therapies, support good jobs and increase U.S. competitiveness. […]
Continue reading...Angel Invesment Tax Credit Proposed in PA
16. February 2010
Calling it an essential step towards reinvigorating Pennsylvania’s small business community, Senator John Doe announced today that he will be introducing legislation to create a new Angel Investment Tax Credit. Modeled closely on successful tax credits adopted by other states, including Minesota’s new $50 million tax credit, this legislaiton would provide a 25 percnet tax […]
Continue reading...Council Fights Computer Services Tax
11. January 2010
The Pittsburgh Technology Council announced its vigorous opposition to Governor Rendell’s calls to reinstate Pennsylvania’s computer services tax, which could increase taxes on technology businesses by more than $2 billion over the next decade. “In a time when Pennsylvania’s residents are struggling to find family sustaining jobs, it is more than ridiculous that we would […]
Continue reading...Helping Pennsylvania remain competitive
5. January 2010
By U.S. Arlen Specter As I travel around Pennsylvania, I hear how the current economic crisis is making it difficult for small manufacturers to survive and continue to create jobs. As a senior member of the Senate Committee on Appropriations, I have long been a supporter of the Manufacturing Extension Partnership (MEP), which has been […]
Continue reading...Recession or Depression, the Solution’s the Same
4. January 2010
By U.S. Representative Mike Doyle Our nation’s economy has officially been in a recession since December 2007. The stock markets have dropped 50 percent, housing values are down dramatically, unemployment has risen significantly and millions of families’ retirement savings have evaporated. Americans are in more debt than at any time since the Great Depression. The […]
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9. June 2010
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