Gambling Produces $783M For Tax Relief
HARRISBURG, Pa. (AP) – Gov. Tom Corbett's top budget adviser says nearly $783 million in gambling proceeds are available for tax relief this year.
Budget Secretary Charles Zogby announced the total Friday, saying the average homeowner will see a reduction of about $200, but final figures aren't available for a few more weeks.
The total for statewide property tax relief is about $595 million.
More than $86 million is going to cut the wage tax in Philadelphia. Gambling proceeds support property tax and rent rebates for older and disabled homeowners, and the proceeds also go to reimburse school districts.