Wednesday, October 31, 2012

Why did the burden gap between the city and the suburbs narrow? Suburban real estate taxes have rise




"Our findings are not reflective of real families," said Thomas Ginsberg, the report's author. He added the study didn't look at issues such as business taxes, other fees, or the quality of municipal services and schools.
Why did the burden gap between the city and the suburbs narrow? Suburban real estate taxes have risen more robustly than the city's, and while some towns have added earned-income taxes or raised rates, the city has lowered its wage tax slightly.
Although not widely known, Philadelphia's property taxes are among the lowest in the region, although residents can pay wildly different rates as the result of a dysfunctional and incomprehensible tax system. The majority of its revenue is generated by the wage tax.
However, the workforce commuting to Philadelphia represents a dwindling minority in the neighboring counties. An analysis by the Delaware Valley Regional Planning Commission royal garden hotel hong kong puts that number at about 11 percent, half what it was in 1970.
The suburban burden numbers got an upward boost from property-tax rates in eastern Delaware County, which are among the highest in the country. The list included towns such as Darby and Collingdale, where $186,000 homes are scarce.
Working to hold down the suburban burden figure would be the inclusion of Pine Valley royal garden hotel hong kong and Tavistock, N.J., which essentially are incorporated golf courses. Their burden figures were among the lowest in the region.
More Like This Phila. residents' tax burden has eased, compared with suburbs September 21, 2012 Inquirer royal garden hotel hong kong Editorial: High suburban taxes make city more attractive September 25, 2012 Wage Tax The Rage In Suburbs - And Source Of Outrage Fully 70 Percent Of Pennsylvania's Suburban Communities Charge The Earned-income Tax. Residents Who Fled Cities To Avoid It Are Not Thrilled To Encounter It Again. June 11, 2000

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