Businesses Worry Over Scranton’s Deepening Financial Crisis

Between sips of soda at Sal’s Pizza on Linden Street, Nick Noll recounted his time as a Scranton business owner.

His business, Keystone Granite and Marble, was on Diamond Avenue in Scranton but moved to Old Forge earlier this year as he saw deepening financial problems and grew tired of the business privilege tax.

“As soon as I moved to Old Forge I felt like I received a raise,” Mr. Noll said. “It no longer became a question of whether or not I should pay my taxes or take my family on vacation.”

Mr. Noll said the increase in the gross receipts tax proposed in the city’s revised recovery plan from 0.75 percent to 1 percent is “counterproductive” to bringing business back into the city.

Read more: http://thetimes-tribune.com/news/business/businesses-worry-over-deepening-financial-crisis-1.1354898

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