IN THE NEWS

Tax

NEWS
December 13, 1996 | By Jan Hefler, INQUIRER CORRESPONDENT
In a surprise move, the Borough Council tabled two proposed ordinances that would have offered tax breaks to homeowners and businesses that make improvements to their properties. The ordinances would have exempted property owners from higher assessments for five years after an improvement was made. James Wittmeyer, of 10th Street, urged council to defeat the proposal, calling it discriminatory. He said taxpayers who don't upgrade their properties will effectively pay higher taxes as a result of the exemptions.
NEWS
October 25, 1987 | By Kitty Dumas, Inquirer Staff Writer
In January, the Republican Party swept the West Deptford Township Committee, gaining control after last year's election with a 4-1 majority. Committee members elected Frederick R. Marz, the first Republican mayor in 20 years. Marz is up for re-election to council this year, and he is the first to concede that this year has not been easy, even with the large Republican majority on the committee. First, there was the tax increase, then came the battle over the Verga Fire Company, a dispute that for months refused to be resolved and still is unsettled.
NEWS
February 14, 1995 | FROM INQUIRER WIRE SERVICES
President Clinton yesterday sent to Congress, and to an apparently bleak fate, his bills to increase the minimum wage and to lower middle-class taxes. He also used an Oval Office ceremony to announce plans for a new domestic economic conference and to assail Republicans for "digging the country into a hole" and then criticizing his budget. "It is time for them to take a little responsibility. They were here during the years of the '80s when we created this deficit problem," Clinton said.
NEWS
February 8, 2013
TOWER Investments Inc. owns more than 100 properties in Philadelphia, including The Piazza at Schmidt's and Liberties Walk, which are largely credited with the dramatic revitalization of parts of Northern Liberties, as well as Avenue North, which enhanced the burgeoning area around Temple University on North Broad Street. The other 100-plus properties we own across the city are in various stages of development. Tower Entertainment, another of my companies, hopes to be selected to develop the $700 million Provence Resort & Casino on the iconic former site of the Inquirer and Daily News . Of all this development activity that has reshaped the face of Philadelphia and generated thousands of jobs and millions of dollars in tax revenue for the city, the taxes due on one property - one - eluded our controller.
NEWS
March 30, 2016
ISSUE | SODA TAX Here's a thought Pity Mayor Kenney didn't propose a tax on crooked politicians, judges, prosecutors, etc. That would be a gold mine for the city. |Mike Milliken, Drexel Hill
NEWS
March 26, 2016
By Atif Bostic Prekindergarten, community schools, and renovated parks and recreation centers are critically needed services for underserved residents in Philadelphia. But the Kenney administration's plan to fund these important programs with a beverage tax - an unstable and declining revenue source - puts them in jeopardy before they even get started. Moreover, the proposed tax, which would dramatically increase the average grocery bill, would hurt the very families that these programs are designed to serve.
NEWS
May 9, 2015 | By Tricia L. Nadolny, Inquirer Staff Writer
Rentals through Airbnb, the online marketplace where people can list their homes for short-term stays, could soon be taxed in Philadelphia. The Nutter administration is making the push ahead of the September visit of Pope Francis, when home rentals are expected to be in high demand. "People are bringing in money on this and, at least in the pope's visit, bringing in a decent amount of money," said City Councilman William K. Greenlee, who introduced a bill Thursday on behalf of the Nutter administration to regulate and tax short-term rentals.
BUSINESS
January 26, 1989 | BOB LARAMIE / DAILY NEWS
Trying to be a kinder, gentler Internal Revenue Service, agency staffers were at the Market Street East Station yesterday afternoon to distribute copies of tax booklets to commuters and to answer taxing questions. At left, IRS worker Gene Harris extends a helping hand, while Michael Miller (center, bottom photo) does the same.
NEWS
December 19, 2015
NORRISTOWN - Montgomery County commissioners passed a $390 million 2016 operating budget Thursday with a 9.8 percent tax increase. The budget is "clearly honest and clearly fiscally responsible," said Josh Shapiro, chairman of the county commissioners. Officials have attributed the increase in taxes to rising costs of debt service, inmate health care, and an arbitration award for corrections officers at the county jail. The tax rate for 2016 will be $3.45 for every $1,000 in assessed value.
NEWS
February 11, 1988 | By Gary Sternberg, Special to The Inquirer
Tax increases ranging from an estimated 8 cents to 15 cents would be levied on taxpayers in the Eastern Regional School District if voters approved an $18.5 million bond issue, according to figures presented by the school board at a public hearing last night. The bond issue is being proposed to build a 168,000-square-foot addition to the high school. School board members said the addition would be used as an intermediate high school for ninth and tenth graders, while the existing building would be used primarily for 11th and 12th graders.
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