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Economy

A centerpiece of the Senate Democrats agenda are jobs, the economy, and providing a just foundation for progress of working people. We want to empower working people to find fulfilling work, earn better paychecks and benefits, and build wealth over their careers that will provide for their families and themselves in retirement. A fair economy that accrues opportunities and rewards for all people, not just those at the top rungs of the economic ladder is achievable.

Increase the Minimum Wage

The old adage that a rising tide lifts all ships still holds true. 800,000 Pennsylvanians would see an increase in their paychecks if a modest increase from $7.25 to $9.00 was made in 2020. That would add nearly $1 billion to the paychecks of working people and significantly boost economic activity in the state.

Real Jobs, Real Pay →

End Workplace Harassment and Sexual Abuse

We must empower people in the workplace. Providing safe and equal working conditions is the first step. We will not stand for a person’s job or promotion to be leveraged for sex. We will not stand for a person’s livelihood to be taken away from them because they reported workplace harassment.

Invest in Employees

Under our plans the state will provide programs and training to improve the income and
conditions of workers. Customized job training, connecting community colleges and technical schools with employers, improving worker investment board resources, creating career readiness councils are at the top of our agenda. With unemployment at all-time lows, it is time for all Pennsylvanian’s to benefit from the improving economy. Bettering paychecks, benefits, and working environment is at the heart of the Senate Democrats priorities.

→ Providing access to high quality child care will go a long way to providing parents job opportunities that may be unmanageable otherwise. Our caucus is advocating for $77 million to be added to the state appropriation for highquality child care services to provide access to 5,000 additional eligible infants and toddlers.

→ Availability of high-quality public transit provides access to hirer paying jobs, increases worker productivity, and protects family budgets by reducing vehicle and transportation costs. When coupled with transit-oriented development (development occurring within a ½ miles of transit access) transit reduces traffic, infrastructure costs, and improves local efficiency. The Senate Democrats are ardent supporters of state funding for regional mass transit systems.

Encourage Small Business Development and Growth

Small businesses improve the economy from the ground up, create new jobs, and build wealth at the community level. We must foster an environment that provides minor owned businesses with opportunities to be establish and grow that have been previously unattainable. Focused small business loans, access to capital for growth, technical assistance, and employee training support are on the Senate Democrat agenda.

Provide Incentives to Existing Businesses

Whether it’s to attract multi-national corporations or provide that last bit of financing for a mid-size company to grow, we must step up to provide the competitive advantage necessary for Pennsylvania to be business friendly. We have worked hard to make our tax climate more business friendly. We have provided many tax credits and exemptions to attract and retain companies. But we plan to do more to grow our business community.

Require Mandatory Paid Sick Leave

Healthy employees are productive employees. We need to ensure that people
are earning time off to take care of themselves and their families. Choosing between a paycheck and going to the doctor shouldn’t be a choice at all. In addition to the benefits for employees, paid sick leave leads to less sick days for the overall workforce, less turnover, better use of preventive care, and higher workplace productivity.

Incentivize Manufacturing

Tax credits and grants to support the most critical sector of Pennsylvania’s past and future will ensure a productive economy supporting family sustaining jobs. Whether it making sure companies have the capital to grow or the pipeline to find skilled employees, we must make sure that the Commonwealth is doing all it can to support our manufacturing industry.

Stabilize and Grow Distressed Communities

Many of our cities and larger municipalities are continuing to struggle with budget deficits and debt, aging infrastructure, and stagnant economies. The Senate Democrats plans for the larger economy will go a long way toward turning these trends around. We will also help these communities fight blight by investing in demolition, rehabilitation, and rebuilding, providing technical assistance for budgeting and financing, providing local tax relief through property tax reform, and strengthen local school districts.

Provide Access to Affordable and Healthy Housing

The Pennsylvania Senate Democrat have consistently stood for the creation of affordable and accessible housing. We’ve successfully fought for the creation and increase of funding to the Pennsylvania Housing Affordability Trust Fund. Additionally, we are pushing for a state low-income housing tax credit to improve the impact of the existing and successful federal credit. In Pennsylvania, for every $10 million in affordable housing construction, it will generate $19.6 million in total economic impact and support 110 jobs. With an economic multiplier effect of nearly 2 and the jobs supported, the impact of building and renovating affordable housing is important to the Pennsylvania economy. Nobody likes paying taxes, but they reflect the public investments we have chosen to make through the democratic process. That doesn’t mean we can’t improve the tax environment in the state and at the local level. At the top of that list are property taxes. But opportunities for improvement exist throughout the tax code to make the business climate better, lessen the burden on working people, and provide families with more money in their pockets

Nobody likes paying taxes, but they reflect the public investments we have chosen to make through the democratic process. That doesn’t mean we can’t improve the tax environment in the state and at the local level. At the top of that list are property taxes. But opportunities for improvement exist throughout the tax code to make the business climate better, lessen the burden on working people, and provide families with more money in their pockets.

Eliminating or Significantly Reducing Residential Property Taxes

Property taxes are antiquated, unfair, and in equitable. They are further a deterrent to people aging in the homes that they have worked throughout their lives to own. And they act as a disincentive to homeowners improving and maintaining their homes. The Senate Democrats have a plan to provide substantial property tax relief and eliminate the property taxes of 60% of homeowners by providing rebates. But as a caucus, we’re willing to talk about any plan that fairly eliminates residential and farmstead property taxes.

Adopt the Fair Share Plan for the Personal Income Tax (PIT)

The PIT rate of 3.07% in Pennsylvania is among the lowest in the country in states that impose the tax. Included in paying the PIT are many businesses that have a structured as “pass-through entities.” The Senate Democrats have a “Fair Share” plan that will lower the PIT for individuals, while treating business or passive income differently. This will raise money, potentially to pay for property tax relief, reduce individual income tax bills, and tax business income more closely to corporate income.

Reducing the Corporate Net Income Tax and Eliminating Loopholes

Unlike the PIT, at 9.99%, Pennsylvania has one of the highest corporate tax rates in the country. But our tax code is riddled with loopholes, exemptions, tax credits, and deductions that could all be used to reduce the tax rate and provide a level playing field for all businesses, rather than just those that have the lobbying strength to get special treatment. Plans exist to cut the rate by 30 or 40 percent but not reduce state revenue, including closing the so-called “Delaware Loophole”. This is a fair path forward that the business community should embrace.

Our Members at Work

Sen. Hughes announces bold, comprehensive plan to address Pa.’s affordable housing crisis through his New Deal for Housing initiative

Sen. Hughes announces bold, comprehensive plan to address Pa.’s affordable housing crisis through his New Deal for Housing initiative

PHILADELPHIA – January 16, 2020 – State Senator Vincent Hughes (D-Philadelphia/Montgomery) unveiled a bold and aggressive plan to address the state’s affordable housing crisis, alongside members of the Pennsylvania Senate Democratic Caucus, more than 50 housing advocates, and concerned citizens today at the People’s Emergency Center in Philadelphia.

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Amazon Announces New Fulfillment Center in Findlay Township

Amazon Announces New Fulfillment Center in Findlay Township

Pittsburgh, PA − July 30, 2019 − Today, Senator Pam Iovino applauded and welcomed Amazon’s expansion into the 37th Senatorial District – a 1,000,000 square-foot non-sortable fulfillment center in Findlay Township, Allegheny County. The $30 million investment will bring to the 37th Senatorial District 800 full-time jobs with a starting wage of $15 per hour and comprehensive benefits.

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Senator Haywood Starts State-Wide Poverty Listening Tour

Senator Haywood Starts State-Wide Poverty Listening Tour

PHILADELPHIA – May 23, 2019 – State Senator Art Haywood (D-Montgomery/Philadelphia) was joined by State Senator Vincent Hughes (D-Philadelphia/Montgomery) on the first stop of his statewide poverty tour in Lock Haven today. The 5-stop tour will consist of elected...

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