Last Chance to Shop Before Tax Hike
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Last Chance to Shop Before Tax Hike
Catherine Lucey
Hurry shoppers -- today is your last chance to hit the stores before the city sales tax shoots up to 8 cents on the dollar.
The sales tax is currently 7 cents on the dollar, with 6 cents going to the state and 1 to the city. The temporary increase -- which starts tomorrow -- will bring the city 2 cents for every dollar spent.
The tax hike is one of several budget-balancing moves approved by the state legislature last month to help the city. It will expire in five years.
Food, clothing and medicine are exempt from the sales tax in Pennsylvania.
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