Rendell Talks About Tax Relief
Governor Ed Rendell says millions of Pennsylvanians will get tax cuts about the same size as this year's, thanks to slot machine revenue.
The expected distribution of $770 million is still less than the $1 billion Rendell promised that the machines would bring in each year when he pushed to legalize them.
Still, Rendell said the additional revenue is a significant achievement considering the country's – and the state's – economic downturn.
He says money will allow more than 100,000 low-income senior citizens to pay no school property taxes at all.
"Huge cuts in school property taxes, that's what we promised and we're here to deliver it again," Rendell said during a news conference at a Pittsburgh senior center.
He also stood by his promise that the state will eventually collect $1 billion a year from the slot machines.
"You know what's happened?" Rendell asked rhetorically. "Pennsylvanians who used to go to West Virginia to gamble or who used to go Atlantic City to gamble or who used to go to Delaware to gamble, they're gambling in Pennsylvania and we're getting the benefit of it, just like I predicted."
For more on this story, go to the governor's Web site.
The expected distribution of $770 million is still less than the $1 billion Rendell promised that the machines would bring in each year when he pushed to legalize them.
Still, Rendell said the additional revenue is a significant achievement considering the country's – and the state's – economic downturn.
He says money will allow more than 100,000 low-income senior citizens to pay no school property taxes at all.
"Huge cuts in school property taxes, that's what we promised and we're here to deliver it again," Rendell said during a news conference at a Pittsburgh senior center.
He also stood by his promise that the state will eventually collect $1 billion a year from the slot machines.
"You know what's happened?" Rendell asked rhetorically. "Pennsylvanians who used to go to West Virginia to gamble or who used to go Atlantic City to gamble or who used to go to Delaware to gamble, they're gambling in Pennsylvania and we're getting the benefit of it, just like I predicted."
For more on this story, go to the governor's Web site.
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