Sen. Jake Corman is on the wrong side on all three major issues facing Pennsylvania.
1. The gas tax would support schools and give property tax relief to the growing older population in Pennsylvania. Further, money saved in property taxes would help homeowners upgrade and repair their homes while activating the local economy. I call on Corman to support the gas extraction tax.
2. Pennsylvania liquor stores provide $100 million yearly revenue to the state general fund. The proposal to sell them for $220 million leaves a shortfall of $100 million per year in future years. Further, the more than 4,500 employees with benefits contribute to our economy. The senator needs to protect Pennsylvania’s revenue that brings relief to taxpayers.
3. The Employees Pension Fund was shortchanged by legislators beginning with the Ridge administration, resulting in insufficient accrued funds. Employees paid full contribution. Privatization and a 401(k) plan will aggravate the problem. Pensioners, often ignorant of finance, will be at the mercy of hedge fund managers for their future security. Corman needs do the right thing and restore the pension fund.
I am puzzled at the senator’s position on issues that hurt hard-working, taxpaying citizens of his district and of Pennsylvania. He should revisit these positions with a mathematical (not ideological) perspective.
Maria A. Sweet