Politics & Government
Easton Earned Income Tax Going Up
Easton residents will pay a higher earned income tax next year.
Easton residents will pay higher earned income taxes next year, a move officials say will help close an $800,000 gap in the city's 2014 budget.
Council approved the increase—which moves the EIT rate from 1.75 percent to 1.95 percent—Wednesday evening. Mayor Sal Panto first proposed it when he introduced his budget last month.
The increase means a family making $50,000 a year would pay $100 more in earned income taxes next year.
According to the Express-Times, the city still needs to cut $110,000 in spending by the first quarter of 2014.
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