HARRISBURG, October 29, 2025 – State Sen. Katie Muth (D-Chester/Montgomery/Berks) joined several lawmakers, along with unions and statewide advocacy organizations from the Pennsylvanians for Accountability from Yass, Billionaires, and Corporations (PAYBAC) coalition, to announce the “Tax Billionaires, Fund PA” plan – a bold, fair revenue proposal that is expected to raise at least $4 billion in new revenue by taking direct aim at billionaire greed and corporate tax dodging.

“The legislators here today are collectively demanding that state government leaders implement a fair tax system. This is our government, not a trust fund for billionaire bros and their enablers,” Muth said. “We are now in a 121-day budget impasse, and still proposals to generate additional revenue to ensure a fair tax system are being ignored to protect special interests. If state leaders would implement proposals requiring big corporations to pay their fair share in taxes, we could fairly and adequately fund our schools, emergency services, public transit, infrastructure and so much more – without asking working Pennsylvanians to carry all the weight. Working Pennsylvanians – nurses, bus drivers, teachers, electricians, emergency response workers – all pay more taxes than these corporate giants. Pennsylvanians deserve fairness and dignity. It’s time for decision makers in the halls of power to take action.”

In addition to Sen. Muth, other Llgislators rallying behind the “Tax Billionaires, Fund PA” campaign include: Senator Nikil Saval, Senator Lindsey Williams, Senator Amanda Cappelletti, Senator John I. Kane, Senator Tim Kearney, Representative Rick Krajewski,  Representative Elizabeth Fiedler,  Representative Lindsey Powell, Representative Aerion Abney, Representative Tim Briggs, Representative Ben Waxman, Representative Izzy Smith Wade-El, Representative Tarik Khan, Representative Chris Rabb, Representative Danilo Burgos, Representative Heather Boyd, Representative Mary Jo Daley, Representative Lisa Borowski, Representative Joe Hohenstein and Chair of the Pennsylvania Legislative Black Caucus Representative Napoleon Nelson.

Staring down looming federal cuts with devastating impacts, legislators and supporters from the PAYBAC coalition emphasized that austerity is a choice, not a necessity. Pennsylvania’s fourth-most-unfair tax system forces working families to shoulder the burden while billionaires like Jeff Yass grow richer and corporations dodge paying their fair share in taxes. “Tax Billionaires, Fund PA” lays out a roadmap to fix that imbalance, protect critical services, and avoid future cuts that harm communities statewide. The three pieces of legislation that will make up the package are:

  • Close all corporate tax loopholes: Companies that do business in Pennsylvania should pay taxes in Pennsylvania. But right now, big corporations dodge taxes by shifting profits earned in Pennsylvania out of state. Governor Shapiro supports ending one tactic known as the “Delaware Loophole,” and the “Tax Billionaires, Fund PA” plan pushes for “worldwide combined reporting,” which would close all corporate tax loopholes and keep more money in PA. HB1601 was passed by the House in June and would stop corporate tax dodging.
  • Pass a digital ad tax: Screens are flooded with ads that generate billions in profits for corporations like Google, Amazon, Meta, and TikTok – companies that profit off of our personal data. A digital ad tax would ensure these tech giants contribute their fair share by paying a sales tax on the advertisements that drive their revenue. In June, Rep. Fiedler introduced HB 1678 to implement a digital ad tax.
  • Tax Pennsylvania’s billionaires: The richest people in Pennsylvania make millions every day without working. Taxing unearned income from stocks, real estate, trusts, and royalty checks could yield billions for the state. Rep. Krajewski circulated a co-sponsorship memo after today’s press conference.

With federal funding cuts on the horizon and essential services like healthcare, education, and housing at risk, speakers called on the legislature to raise sustainable revenue by making the ultra-wealthy and large corporations pay their fair share. Lawmakers urged their colleagues and the Governor to act on the “Tax Billionaires, Fund PA” plan and reject austerity.

Click here to watch full video from the press conference.