Winnipesaukee Forum - View Single Post - luxury tax for out-of-staters

Grant · 12-13-2006, 03:06 PM

Good point. For example, Philadelphia has an insane City Wage Tax, through which they collect 4+% of the earnings of everyone who either lives or works in the city. But this tax was originally put in place as a "temporary" measure -- many years ago. Today, it is one of the biggest dis-incentives for people to work in the city. No one wants to work there, and businesses almost ALWAYS opt for the suburban locations because of it. Move out of the city...get a 5% raise. Problem is, now most of the suburbs have their own wage taxes as well.

Let's have a tea party!

12-13-2006, 03:06 PM	#10
Grant Senior Member Join Date: Jul 2002 Location: Pennsyltuckey, Tuftonboro, Moultonborough Posts: 1,505 Thanks: 385 Thanked 232 Times in 126 Posts	Good point. For example, Philadelphia has an insane City Wage Tax, through which they collect 4+% of the earnings of everyone who either lives or works in the city. But this tax was originally put in place as a "temporary" measure -- many years ago. Today, it is one of the biggest dis-incentives for people to work in the city. No one wants to work there, and businesses almost ALWAYS opt for the suburban locations because of it. Move out of the city...get a 5% raise. Problem is, now most of the suburbs have their own wage taxes as well. Let's have a tea party! __________________ "When I die, please don't let my wife sell my dive gear for what I told her I paid for it."