By: Neal Meldrum, Senior Industry Solutions Manager, Microsoft. The factory of the future is a complex ecosystem of self-regulating machines and sites, able to customize output and optimally allocate resources. Read now
Personal income tax. Pennsylvania has a flat tax rate of 3.07% on individual income, with no personal exemptions.
In 2003, Congress took a step toward leveling the playing field by creating a special top tax rate for dividend income of 15 percent (previously, it was taxed as ordinary income at rates as high as 38.6 percent). An additional problem with the corporate income tax is the way it is levied on multinational companies.