“City officials in Scranton Pennsylvania have ignored pleas from residents pleading for bankruptcy. Instead, the city raised property taxes and trash fees nearly 60% and tripled rental registration fees. The city’s school district, which faced a $4-million deficit, raised taxes 2.4%. The City Council, which in 2012 passed a 5% amusement tax on live entertainment, is now discussing a 10% drink tax. As a result, taxpayers who can are fleeing the city. The taxes are especially egregious to some because so many of the city’s residents are elderly and living on fixed incomes. The median household income in Scranton is $37,000, and nearly one-fifth of residents live below the poverty line.”
http://globaleconomicanalysis.blogspot.com/2014/01/scranton-residents-plead-for-bankruptcy.html
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