The state House has voted in favor of wide-ranging business tax reforms. Opponents say the provisions of HB 440 are too weak to thwart tax avoidance schemes. So, they contend the phased in reduction of the corporate net income tax rate will cost Pennsylvania citizens dearly. But the bill's sponsor, Republican David Reed, takes issue with the characterization. He says it will make Pennsylvania's business tax rates more competitive, while closing the "Delaware Loophole:"