Pennsylvania Budget Plan Renews Cannabis, Skill Games Tax Push

Pennsylvania Gov. Josh Shapiro proposed taxing recreational cannabis and tens of thousands of skill game terminals to help raise more revenue to address a yawning structural deficit in the years to come.

Shapiro, a nationally prominent Democrat who’s running for re-election this year, framed his $53 billion budget blueprint as raising no new broad-based taxes. The budget proposal would continue to lower the corporate income tax rate, to 6.99%, a move set in motion by a 2022 state law. The rate is scheduled to reach 4.99% by 2031.

But the budget request would impose ...