Reading mayor proposing 20.4% hike in...

Reading mayor proposing 20.4% hike in tax rate

There are 5 comments on the Reading Eagle/Reading Times story from Sep 30, 2011, titled Reading mayor proposing 20.4% hike in tax rate. In it, Reading Eagle/Reading Times reports that:

Reading Mayor Tom McMahon said Friday that he will propose a $74.4 million budget for 2012 that calls for a 20.4 percent increase in property taxes.

Join the discussion below, or Read more at Reading Eagle/Reading Times.

Jimbo

Springtown, PA

#1 Oct 1, 2011
I've said it before. Reading is headed toward bankruptcy.

Since: Apr 11

Location hidden

#2 Oct 1, 2011
With tax increases like the one proposed there won't be any residents left to even worry about bankrupt. Does your Mayor live in Reading?
Fitus T Bluster

Winter Park, FL

#3 Oct 2, 2011
The extremely high taxes in reading is just going to force all the taxpaying homeowners out, then you will have nothing but a bunch of foodstamp lickin`slugs to pay the freight. that`s scary.
Jimbo

Philadelphia, PA

#4 Oct 2, 2011
Paladinhgwt wrote:
With tax increases like the one proposed there won't be any residents left to even worry about bankrupt. Does your Mayor live in Reading?
He does live in Reading on paper. If he really lives there I'm not sure, but considering the location of his house I would assume he lives there. Meaning that his house is not in the "ghetto". In fact his house is actually near Albright College. So it's as close to the suburbs as you can get in Reading. However, many city officials that are required to live within the city limits simply rent an apartment or purchase a cheap house but live elsewhere.
Jimbo

Philadelphia, PA

#5 Oct 2, 2011
I forgot to mention that there have been reports that he lives in the suburb of Wyomissing.

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