Wolf's tax plan will hit all income levels, analysis says

April 25, 2015 12:04 AM

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The sprawling package of tax changes Gov. Tom Wolf is seeking may not necessarily spare lower-income households, as his administration contends, the Legislature's fiscal analysis arm said this week.

The Independent Fiscal Office analysis released Thursday projected that Wolf's tax package would raise a net of $4.6 billion in the 2018-19 fiscal year, its first full fiscal year in effect, after counting $4.6 billion in tax cuts or other reductions.

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