Why would a business owner move their business to PA from NY?

PA Chamber now advertising PA is open for business for those in NYC faced with a socialist mayoral candidate. 

Comparing Business Policies

Corporate Income Tax

  • NY: 7.25%
  • PA: 7.99%, and dropping.

Personal Income Tax

  • NY: 4-10% (NYC add more local tax of 3%)
  • PA: 3.07%

Sales Tax

  • NY: 4% with another 4% adding in state/local
  • PA: 6%.

Gas Tax

  • NY: 16.5 cents
  • PA: 57.6 cents

Regulations

  • NY: 250,000 (just added $9 congestion tax in NYC)
  • PA: 153,000.

Housing

  • NY: $780,000 median home price
  • PA: $272,000 median home price

Commercial Rent:

  • NY: NYC- $100 sq ft, Albany- $30-40 sq ft
  • PA: $20-30 sq ft

Small Business Survival Rate

  • NY: 47% (below the nation avg 48.9%)
  • PA: 54%

Should You Move to PA from NY for Business Climate?

  • Recommendation: Yes, moving to PA from NY is likely advantageous for most business owners, particularly those in NYC

The Go Big Small Biz Network exists to prevent government overreach into small businesses. We are funded by our monthly subscribers of $19/monthly. Please Join the movement.

Share

More Posts

Protect Home-Based Businesses

The Bill: SB1444 (SenatorGregRothmanR) Title:Protect Home-Based Businesses What Does it Mean: “This legislation eliminates unnecessary red tape by streamlining the processes individuals use to operate a home-based business,” Rothman said. “The bill would ensure home-based

PA Budget 2026-27- Impact on Small Biz

Bill: HB2400 Title: Appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt, and

We are unifying and mobilizing the power of an entrepreneur network to give a Big Voice to Small Business.