9:31 PM

Tax to the Max - Philly Style

Posted by Skye |

Only in Philadelphia:

In each of the last 11 years, Philadelphia has cut its wage and business tax rates, something that's happened nowhere else in America.

Over that time, the effort, aimed at making the city more competitive, has saved taxpayers more than $1 billion.

Yet, with the possible exception of New York, Philadelphia remains the highest-taxed major city in the land.

In 2006, the city still has:

The nation's highest wage-tax rate.

One of the heaviest overall state and local tax loads for residents.

The steepest combination of state and local business taxes.

Additionally, Philadelphia's homicide rate for 2006 & 2007 has nearly matched or at times surpassed the number of US Soldiers killed in Iraq. No worries though, our city council has taken matters in hand and responded by banning smoking in public areas and the use of trans-fats in city restaurants.


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