New year brings hikes in some taxes and fees in Pennsylvania

PITTSBURGH (KDKA) — When the New Yr begins on Sunday, anticipate some modifications in Pennsylvania’s taxes and costs.

KDKA-TV cash editor Jon Delano offers us the breakdown.

Blissful New Yr! what meaning – will increase in some however definitely not all of our taxes and costs in Pennsylvania.

On the excellent news entrance, the state’s flat private revenue tax of three.07 p.c is just not going up. Nevertheless, neighboring New York and 10 different states are chopping their revenue tax, however Pennsylvania is just not.

Pennsylvania is chopping the company enterprise web revenue tax of 9.99 p.c, one of many nation’s highest. It would drop to eight.99 p.c within the New Yr.

The state’s gasoline tax goes up from 57.6 cents per gallon to 61.1 cents. With federal taxes, Pennsylvanians now pay over 79 cents in taxes on each gallon we purchase. Ohio’s tax is simply half that.

Driving to grandma’s home on the Pennsylvania Turnpike will bounce 5 p.c on Jan. 8. Get an EZpass as a result of it saves you 60 p.c of the total toll value paid by toll-by-plate drivers.

Pennsylvania can also be elevating charges for enjoyable stuff, too, a minimum of in some areas. The fishing license rises from $21 to $23.50, and a certificates of title to personal a ship jumps from $15 to $58.  

On a optimistic notice, no change within the looking license, and a brand new legislation makes it simpler for hunters to buy the extra antlerless deer license on-line subsequent 12 months.

In the course of the marketing campaign, incoming Governor Josh Shapiro promised some tax modifications. He needs a $250 fuel tax rebate for each car as much as 4 that an individual owns.

He needs to eradicate the 11 p.c state mobile phone tax, and He needs to broaden the property tax rebate program to extra individuals.

He additionally needs to make the state business-friendly by decreasing the company web revenue tax to 4 p.c by 2025.