A tax for general revenue purposes of 1 percent is hereby imposed on the following:
A. Earned income received on or after January 1, 1967, by individual residents of the Borough of Blossburg and earned income received on or after January 1, 1967, by individual nonresidents of the Borough of Blossburg in the Borough of Blossburg.
B. Net profits earned on or after January 1, 1967, by residents of the Borough of Blossburg and net profits earned on or after January 1, 1967, in the Borough of Blossburg by nonresidents of the Borough of Blossburg.
C. The tax levied under paragraph .A herein shall relate to and be imposed upon earned income paid by an employer or in his behalf to a person who is employed by him. The tax levied under paragraph .B herein shall relate to and be imposed on the net profits of any business, profession or other activity.
D. The tax levied hereunder shall be applicable to earned income received and to net profits earned in the period beginning January 1 of the current year, and ending December 31 of the current year, or for the taxpayer”s fiscal year beginning in said period; and the tax shall continue in force on a calendar-year or taxpayer fiscal-year basis, without annual re-enactment, unless the rate is subsequently changed. Changes in rate shall become effective on the date specified in the ordinance.
(Ord. 179, 11/7/1966, §2)