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Philly: 10 Percent Property Tax Hike


If you live in Philadelphia, higher property taxes and a fee for trash pickup may be two things you’ll pay for next year.

Philadelphia City Council approved Mayor Michael Nutter’s $3.9 billion budget for 2011 with a vote Thursday evening.

To fill in a $150 million budget gap, officials made several tax increases, the most notable being a 9.9-percent jump in property taxes, officials told NBC Philadelphia. That increase will only last for two years.

The 9.9 percent temporary tax hike has to get final approval from council next week.

Council also passed measures that will institute a new, yearly $300 fee for trash pickup from small businesses, duplexes and apartment buildings and a tax on cigars and smokeless tobacco.

One high-profile tax that wasn’t included in the approved budget was the proposed soda tax.

The measure — which would have put a tax of 2-cent per ounce on all soda and sugary drinks sold within the city limits — was both lauded and detested by residents.

(Source: NBC Philly)



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