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 New Jersey was increased from 8.97% to 10.75% on income above $1 million.
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 8.99% also compares favorably to New Jersey’s 11.50%, which is the highest rate in the country.
Pennsylvania’s sales tax rate is 6% vs. New Jersey’s rate of 6.63%.
Mericle has developed buildings and sites in 15 Northeastern Pennsylvania business parks – more than any other developer.
