 An earned income tax of one-half of 1 percent of income yields a revenue of approximately $1.8 million.Additionally, the real estate transfer tax of one-half percent (Nothumberland borough, Point Township, Rockefeller Township) and one percent (Snydertown borough) is levied on real estate transfers.Voters rejected a tax referendum in May 2007 which would have increased local earned income tax by 0.5% to reduce property taxes for homeowners and farmers by $176.