Property Taxes

A lot of disgruntled taxpayers may be smiling now over the prospect that their school property taxes could be eliminated. But, they shouldn’t get too excited. Even if a planned voter referendum passes this fall and the Pennsylvania Legislature does away with school taxes, it doesn’t mean property owners would stop paying all school taxes immediately. And a pending Pennsylvania Senate

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Homeowners in Pennsylvania must pay property tax each year to the local taxing authorities. The date when payment is due varies, depending on the county where you live. And some counties allow you to make installment payments. Opening your tax bill can be a cause for shock, if not outrage. But by learning how property taxes are computed in Pennsylvania,

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Eliminating school property taxes is one of those ideas that sounds far better than it would work in practice. There is no doubt that Pennsylvania relies far too heavily on local property taxes to fund public education. But fully eliminating the property tax would not resolve the underlying issue: how best to fully and fairly fund public schools. State Sen.

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The sprawling Bushkill Township estate of auto racing legend Mario Andretti has plenty of features that distinguish him from the runners up of life. His stately Italian villa is 22,000 square feet, with 15 bathrooms, an underground wine cellar that can hold more than 5,500 bottles, and a striking red clay roof specially imported from England. The grounds offer a

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Philadelphia’s mayor is expected to ask the city council to pass a 6 percent increase in property taxes to help erase a nearly $1 billion chronic budget deficit plaguing the city’s public schools. PHILADELPHIA (AP) — Philadelphia’s mayor is expected to ask the city council to pass a 6 percent increase in property taxes to help erase a nearly $1

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Thomas Micozzie’s already considerable tax bill just increased about $50 on his two-story house, valued at about $130,000, in the Westbrook Park section of Upper Darby Township.  The latest bump hits home to Micozzie in particular: He signed off on it. He is the mayor of the region’s largest municipality outside of Philadelphia, and Upper Darby is one of more than

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The house on Massachusetts Avenue in Upper Darby had been sitting on the market for a while when Tim Miles and his wife bought it for $185,000 last year.  Miles said the Realtor told him why other prospective buyers had been wary: “The taxes were really high,” said Miles, 28, a lawyer. “And I think that’s probably why they weren’t

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It’s being called the first step to eliminate property taxes in Pennsylvania. A constitutional amendment sponsored by a Berks County lawmaker would change the amount of home value that can be excluded from taxes. That’s if voters approve the change in November’s election. State Rep. David Maloney has a framed constitutional amendment ballot from the early 1900s on his wall. This year,

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HARRISBURG, Pa. – A group of bipartisan lawmakers has penned a plan to get rid of school property taxes in Pennsylvania. Senate Bill 76 would replace the revenue generated by those taxes by increasing both personal income and sales taxes. The personal income tax rate would rise from 3.07 percent to 4.95 percent. The state sales tax would see a

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