House Republicans plan legislation to cut Pa. property taxes

HARRISBURG, Pa. (AP) – A top Pennsylvania House Republican says GOP lawmakers will soon roll out a plan to raise state taxes to make significant cuts in the local property taxes that fund public schools.

Majority Leader Dave Reed said Wednesday that a group of about 30 House Republicans have been working for months on a proposal that should be ready for a legislative committee’s consideration in the coming weeks.

Reed says they’re likely to propose increases in sales and income taxes to fund dollar-for-dollar reductions in property taxes, similar to a plan he has proposed previously.

He says their goal is to cut property taxes by 40 percent or more.

Democratic Gov. Tom Wolf wants to raise sales and income taxes to reduce school property taxes and boost spending on public education.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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