WASHINGTON ANNOUNCES GAMING
FUND TAX RELIEF
|
Washington |
HARRISBURG, May 2 -
State Sen. LeAnna Washington
(D-Philadelphia/Montgomery) today announced
that residents of Abington, Cheltenham,
Jenkintown, and Philadelphia School
Districts will receive over $64 million in
tax relief from gaming proceeds this year.
“I am thrilled that the residents of
Pennsylvania are finally able to recognize
the benefits of the gaming legislation that
I supported in 2006,” Washington said.
“With the cost of living continually rising,
this tax relief could not have come at a
better time for our hardworking citizens.”
Statewide, homeowners will see a total of
nearly $613 million in property tax relief.
The tax cuts, which are formula-driven, will
go to homeowner's who live in their homes,
and who have filed a Homestead Exclusion
Form with their county assessment office.
Washington said that estimated tax cuts by
school districts in her legislative district
include:
SCHOOL DISTRICT
ESTIMATED RELIEF PER ELIGIBLE
TAXPAYER
Abington
$316
Cheltenham
$423
Jenkintown
$373
Residents in the Philadelphia
School District will receive $55.878 million
in wage tax reduction. Coupled with the
city’s own tax reform efforts, the
Philadelphia wage tax will drop from 4.219
to 3.93 percent in 2009. The wage tax for
non-residents will be lowered from 3.724 to
3.5 percent. |
