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Tax

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
July 31, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
Vanguard Group Inc. stands atop the mutual fund business, and credits its "unique" structure: The largest mutual fund company is owned, not by for-profit investors, but by more than 100 of Vanguard's own mutual funds, which are owned by millions of clients. Vanguard says this frees managers to "focus on keeping costs as low as possible," passing savings to clients through lower fees for investment advice and other support services. Vanguard's singular model is now under scrutiny.
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.
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
August 8, 2014 | By Vernon Clark, Inquirer Staff Writer
In a tucked-away corner of West Mount Airy, officials of a longtime cultural center have been concerned that the sound of bagpipes and the rhythmic clatter of Irish dancing could go silent. Citing financial concerns, leaders of the Commodore John Barry Irish Center, a focal point in the region for all things Irish, from music and dancing to art and history, said it had come close to being forced to shut down. Sean McMenamin, a board member at the center at 6815 Emlen St., said the convergence this winter of increased city taxes, higher-than-usual heating bills, and required upgrades to its 10,000-square-foot, two-story building had put the center in a precarious financial situation.
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.
NEWS
October 19, 2012 | By Jonathan Tamari, INQUIRER STAFF WRITER
Stark differences on taxes dominated the first debate - a radio encounter - between Republican U.S. Rep. Mike Fitzpatrick and Democratic challenger Kathy Boockvar Thursday, as the two clashed over their plans and how they would affect the middle class. Fitzpatrick called for leaving all personal tax rates at their current levels and cutting corporate rates, saying any tax hikes would harm the fragile economy. "We need to stop threatening to raise taxes on the American people and small businesses," Fitzpatrick said.
NEWS
November 23, 2013 | By Tricia L. Nadolny, Inquirer Staff Writer
The West Chester Borough Council on Wednesday killed a proposed earned income tax that officials had said was necessary to save the borough's diminishing pension fund. Mayor Carolyn Comitta, who was in favor of the 0.25 percent tax increase, said she was "very disappointed" in the 4-3 council vote. "Quite frankly, it is in my opinion a mistake," she said. "You really can't kick these very important decisions down the road and that's what happened again. We're in the same place we were before.
NEWS
March 5, 2013 | BY HOLLY OTTERBEIN & ELIZABETH FIEDLER, It's Our Money
MAYOR NUTTER HAS talked a good game about cracking down on property-tax deadbeats. At a recent news conference, he said, "We're going to chase their little asses down as hard as possible!" According to our analysis of records obtained through a right-to-know request, though, more than 1,700 tax delinquents are getting breaks on their local property taxes. In some cases, the city has the power to revoke those tax goodies - but often doesn't. This year, those delinquents are reaping $15.1 million in property-tax breaks, which include both abatements and nonprofit exemptions.
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