As of April 23, the Franchise Tax Board has received just over $6 billion in stat e income tax payments this month — $2.4 billion less than Gov. Jerry Brown’s budget predicts the agency will receive through April 30.
The Democratic governor has already acknowledged he and lawmakers must fill a budget hole that’s at least $800 million larger than he estimated in January – about $10 billion.
Brown hopes April’s tax receipts at least meet expectations. If not, the budget hole deepens. If expectations are exceeded, the hole shrinks.
April is by far the largest month of the year for income tax receipts.
Vote Tuesday April 24th 2012. Polls are open from 7am to 8pm. Visit VotesPA to find your polling place and see other voter information. Also don’t forget to bring your ID with you to the polls. Here are some voters guides from around the state Pennsylvania Family Institute Voters Guide PA League of Women Voters [...]
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