But we still have work to do in a few key areas.”
As a former owner of a successful business,
Wolf knows all too well how navigating complex
rules and regulations can create a drag on for-
ward movement. “My administration has worked
hard to cut red tape and streamline all aspects of
government, including eliminating burdensome or
redundant requirements and licenses,” he says.
The PA Business One-Stop Shop was created to
meet those objectives, providing entrepreneurs
with a single location for resources and informa-tion about starting a new business.
Early in his administration, Wolf
also eliminated the Capital Stock
and Foreign Franchise tax. “Penn-
sylvania continues to offer some of
the lowest individual tax rates on
the East Coast,” he says. And
while the new budget secured
health care savings for 400,000
residents and created a first-
in-the-nation GI Bill providing
college education to veterans at
low or no cost, it did not raise
the minimum wage, which Wolf is passionate
about. “It’s well overdue for our working families,”
he says.
The governor is intent on pushing more
changes that benefit Pennsylvania. “In addition
to all the advantages we offer, we’re committed
to providing technical assistance that moves at
the speed of business,” he says. “And we will
continue to fight to strengthen our workforce and
improve our corporate tax structure to ensure a
business-friendly environment.”■THE PROGRAM AT THE
FORTRESS ACADEMY
OF YORK IS JUST ONE
EXAMPLE OF HOW THE
STATE IS USING STEM
EDUCATION TO TRAIN ITS
FUTURE WORKFORCE.
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Powering partnerships.
At PECO, we recognize the value of economic and
community development. As Pennsylvania’s largest
electric and natural gas utility, we’re empowering
growth through investments in infrastructure, best-
in-class service and regional workforce development.
PECO is proud to power the future of southeastern PA.
© PECO Energy Company, 2019
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