Government on Your Side for a Change.
The communities in Northeastern Pennsylvania want your business and will go out of their way to accommodate your move to our area. From fast tracking building permits, to holding special meetings, to approving tax abatement programs, our local municipalities will make you feel welcome here.
And, as you know, the top income tax bracket in Long Island was increased from 8.97% to 10.75% on income above $5 million. The state now taxes businesses at the second highest corporate tax rate in the country.
By comparison, Pennsylvania utilizes a “flat tax” system. This means that every taxpayer in the state, regardless of their level of income, pays the same percentage of their taxable income in state income taxes — 3.07%. Among the eight states with a flat income tax, that is the lowest rate. Pennsylvania’s corporate income tax rate of 9.9% also compares favorably to Long Island’s.
Mericle has developed buildings and sites in 15 Northeastern Pennsylvania business parks – more than any other developer.
