Fiscal Matters

 

Since being elected in 2006, Senator Dinniman has refused to take a single per diem, saving taxpayers more than $60,000 in the process. He has also either refused to take or donated to charity any annual pay increase, saying, “I cannot accept a pay increase at the same time families are struggling to make ends meet and local businesses are weathering challenging financial times.”

Dinniman with Phoenixville Mayor Leo Scoda and Kim Cooley, Executive Director of the Phoenixville Regional Chamber of Commerce, before the new Veterans Memorial Gay Street Bridge.

Dinniman continues to work to strengthen our economy and reform tax policies that are detrimental to business growth. Did you know that $1 of every $6 in sales income made by Pennsylvania companies goes to companies within Chester and Montgomery counties?

Just as impressively, Chester and Montgomery county companies pay 19 percent of the total wages and salaries earned by Pennsylvanians working in the private sector. These numbers leave no doubt that businesses in our region form the core of Pennsylvania’s economic engine. It’s time that we give them the tools they need to reach their full potential.

For example, currently Pennsylvania illogically penalizes Pennsylvania multi-state companies for having a physical presence here while rewarding those who do not. Specifically, Pennsylvania’s corporate net income tax for multi-state companies is based not just on goods sold in Pennsylvania but also on property held and size of payroll. Dinniman’s Senate Bill 868 would change that, making Pennsylvania consider sales alone within the Commonwealth in calculating its corporate net income tax on Pennsylvania multi-state companies. In short, under Dinniman’s Senate Bill 868, Pennsylvania would join the 12 states that use the “single sales factor” method of calculating corporate net income.

Dinniman talks with Ed Breiner, President and CEO of Schramm, during a tour of the company’s West Chester headquarters and plant.

In addition, Dinniman is a strong supporter of lowering Pennsylvania’s corporate net income tax rate from 9.99 percent to 7.5 percent.  Pennsylvania’s tax on corporations has earned the dubious distinction of being the second highest in the nation, behind only Iowa’s. We must take action to lower the rate drastically to show businesses that we too mean business.

Dinniman is also actively involved in several major transportation projects that are crucial to retaining businesses and attracting jobs to our region. Altogether, PennDOT’s Route 202 Widening Project, the Route 29 slip ramp and the Pennsylvania Turnpike Widening represent an investment of $500 million in our local road system, which in turn is expected to spur at least an additional $1.5 billion in commercial development and the creation of more than 10,000 full-time jobs.

Chester and Montgomery counties are home to many successful businesses and corporations that provide the highly skilled and high-paying jobs that keep our economy humming. Still, we must continue to take steps to attract start-up companies in cutting-edge fields such as the life sciences, information technology and alternative energy, while improving the business climate for years and decades to come. After all, our mutual success and quality of life depend on it.

Dinniman joins local officials in marking the groundbreaking of the Route 29 slip ramp in East Whiteland.

 

 

 

Photo Gallery

Upcoming Events

April 2014
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Category: GeneralMeeting with Legislative Prayer Caucus

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March 31, 2014

Category: GeneralLegislative Session

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March 31, 2014

Legislative Session in Harrisburg

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Category: GeneralHuman Trafficking Advocacy Day in the State Capitol

Category: GeneralLegislative Session

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April 1, 2014

Legislative Session in Harrisburg

Category: GeneralARC of Pennsylvania Legislative Reception

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April 1, 2014

Attending the Arc of Pennsylvania's Legislative Reception at the Harrisburg Hilton following the organization's advocacy & policy day.

ARC of Pennsylvania Legislative Reception

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Category: GeneralLegislative Session

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April 2, 2014

Legislative Session in Harrisburg

Category: GeneralPCN Call-In Program on Education

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April 2, 2014

Participating in PCN's Call-In Program on Education with Senator Folmer.

PCN Call-In Program on Education

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Category: GeneralSPSBA and PHEFA Meetings

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April 3, 2014

State Public School Building Authority and Pennsylvania Higher Education Facilities Authority meeting in Harrisburg.

SPSBA and PHEFA Meetings

Category: GeneralCCEDC Business Achievement Awards Dinner

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April 3, 2014

Honoring Oscar Lasko at the Chester County Economic Development Council Business Achievement Awards Dinner at the Phoenixville Foundry.

CCEDC Business Achievement Awards Dinner

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Category: GeneralCCIU Celebrate Children Dinner

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April 4, 2014

Giving the Keynote Speech at the Chester County Intermediate Unit's "Celebrate Children Dinner" at the Desmond. The even is part of the Week of the Young Child.

CCIU Celebrate Children Dinner

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Category: GeneralMeeting with Legislative Prayer Caucus

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April 7, 2014

Category: GeneralLegislative Session

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April 7, 2014

Legislative Session in Harrisburg

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Category: GeneralLegislative Session

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April 8, 2014

Legislative Session in Harrisburg

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Category: GeneralVFCC's 75th Anniversary

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April 9, 2014

Honoring Valley Forge Christian College on its 75th Anniversary

VFCC's 75th Anniversary

Category: GeneralLegislative Session

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April 9, 2014

Legislative Session in Harrisburg

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Category: GeneralConservation Committee Public Hearing on Pipelines

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April 10, 2014

Joint Legislative Air & Water Pollution & Conservation Committee Public Hearing on pipelines at the West Pikeland Township building. A luncheon with members of the mushroom industry will follow.

Conservation Committee Public Hearing on Pipelines

Category: GeneralPaoli Business and Professional Association Banquet

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April 10, 2014

Recognizing members of the Paoli Business and Professional Association at its banquet at the Desmond.

Paoli Business and Professional Association Banquet

Category: GeneralChester-Delaware County Farm Bureau Banquet

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April 10, 2014

Honoring members of the Chester-Delaware County Farm Bureau at its banquet at Goshen Fire Hall.

Chester-Delaware County Farm Bureau Banquet

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Category: GeneralThorndale-Downingtown Rotary Breakfast

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April 11, 2014

Attending Thorndale-Downingtown Rotary Breakfast at Green Street Grille.

Thorndale-Downingtown Rotary Breakfast

Category: GeneralPASA Board Meeting

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April 11, 2014

Attending the meeting of the Pennsylvania Association of School Administrators in Harrisburg.

PASA Board Meeting

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Category: GeneralVisit to Walnut Street Labs

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April 15, 2014

Visiting and speaking at Walnut Street Labs, a startup incubator in West Chester.

Visit to Walnut Street Labs

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Category: GeneralGood Friday (State Offices Closed)

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April 18, 2014N/A

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Category: GeneralAKA Emerging Young Leader's Group

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April 19, 2014

Speaking to Alpha Kappa Akpha's Emerging Young Leaders Group at St. Paul's Baptist Church.

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Category: GeneralCCIU Legislative Meeting

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April 24, 2014

Attending the Chester County Intermediate Unit's Legislative Meeting on the Keystone Exams.

CCIU Legislative Meeting

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Category: GeneralArbor Day Celebration at Hoopes Park

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April 25, 2014

Speaking at the New Century Club's 25th Annual Arbor Day Celebration.

Category: GeneralMeeting with Representatives from AICUP

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April 25, 2014

Lunch meeting with representatives from the Association of Independent Colleges and Universities of Pennsylvania at Immaculata University.

Meeting with Representatives from AICUP

Category: GeneralMeeting with MCHCCC

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April 25, 2014

Meeting with members of the Maternal and Child Health Consortium of Chester County during “Family Center Network Week.”

Meeting with MCHCCC

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Category: GeneralSafe Harbor Spring Celebration

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April 26, 2014

Attending the Safe Harbor Spring Celebration at Whitford Country Club.

Safe Harbor Spring Celebration

Category: GeneralDowningtown Alumni Association Banquet

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Category: GeneralEarth Day Movie Screening at the Colonial Theater

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April 27, 2014

Speaking at a screening of "Fierce Green Fire" at the Colonial Theater in Phoenixville.

Earth Day Movie Screening at the Colonial Theater

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Category: GeneralHumane Lobby Day in Harrisburg

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April 28, 2014

Category: GeneralMeeting with Legislative Prayer Caucus

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April 28, 2014

Category: GeneralLegislative Session

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April 28, 2014

Legislative Session in Harrisburg

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Category: GeneralPA Bio Breakfast and Advocacy Day

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April 29, 2014

Attending PA Bio Breakfast and Advocacy Day in Harrisburg.

PA Bio Breakfast and Advocacy Day

Category: GeneralLegislative Session

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April 29, 2014

Legislative Session in Harrisburg

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Category: GeneralLegislative Session

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April 30, 2014

Legislative Session in Harrisburg

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