Big news for PA businesses. Corporate net income tax reduction!

For 27 years, Pennsylvania has had the highest non-graduated tax in the United States. This tax rate of 9.9% has limited Pennsylvania's ability to be competitive in bringing new businesses to the Keystone state. With the corporate net income tax reduction, that's about to change.To talk more about the tax reduction bill we invited the President of The Greater Pittsburgh Chamber of Commerce, Matt Smith to be our guest. Smith is part of a team of dedicated business leaders, state officials, and legislators who worked diligently for many years to get this rate reduced. Smith talks about the advantages and growth opportunities for businesses in PA and how this will help stimulate the economy within the Keystone state.The tax reduction will start at the beginning of 2023. In this podcast, we've broken down the details of this bill to give business owners and the business community some positive news about growth and opportunity that will happen in the not-so-distant future. We'd like to continue the conversation. Be sure to share your questions in the comments section of our social media.