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Tax

NEWS
April 9, 2016
ISSUE | SODA TAX Honickman is civic-minded While the article "Bottling king in thick of fight" (Sunday) mentioned many of the philanthropic contributions of Harold and Lynne Honickman, let me mention their work in trying to combat gun violence, the scourge of many of our neighborhoods. In starting Moms Against Guns and joining forces with CeaseFire PA while I served as president of the board, the Honickmans played an important role on an issue of critical importance to Philadelphia and the commonwealth.
NEWS
April 8, 2016 | By Jim Kenney
ONE OF THE first requests I received as mayor of Philadelphia came as a bit of a surprise: Help empower Philadelphia residents to benefit from the more than $100 million in federal earned income tax credit (EITC) they have earned, yet stands to go unclaimed this tax season. I realize that every year, because of the lack of filing or incomplete filing, some Americans miss out on tax refunds or credits they might deserve. But the fact that Philadelphia residents alone could account for over $100 million of unclaimed EITC funds stood out to me as a huge issue that needs fixing . . . and one that can be corrected quickly!
NEWS
April 8, 2016 | By Jeremy Roebuck, Staff Writer
Facing sentencing Wednesday on federal tax fraud charges, former Traffic Court Judge Michael J. Sullivan offered an unusual argument to the court: Come on, really? Yes, the judge had paid most of the staff at his family bar in South Philadelphia under the table in cash, his lawyer said. And yes, he pleaded guilty last year to failing to report $48,089 in payroll taxes over 11 years. But in a city burdened by violent crime and serious public corruption, defense attorney Henry Hockeimer asked, don't federal authorities have anything better to investigate than a neighborhood bar where employees never made more than $30 to $40 a shift?
NEWS
April 8, 2016 | By Stu Bykofsky
WITH THE proposed 3-cent-per-ounce sugary-drink tax on the table to fund universal pre-K and a couple of other things, I took a trip back in time to look at the $2-a-pack tax on cigarettes that began in October 2014. There are two questions: First, did it produce the expected revenue? Second, what was the effect on sales? The first was easy to answer, the second less so. I was not a fan of the $2-a-pack tax, and not just because I was a smoker. Acting on principle, I quit smoking after the $2 tax was imposed.
NEWS
April 7, 2016 | By Julia Terruso, Staff Writer
Several City Council members want Mayor Kenney to add an income cap to his universal prekindergarten program to ensure it benefits the city's poorest residents. "Fundamentally, I'm trying to understand why we're subsidizing people who can afford to pay for slots," Council President Darrell L. Clarke said at Tuesday's budget hearing. "It's not normally what . . . government does. " Otis Hackney, the mayor's director of education, said low-income families would have priority under Kenney's plan because the city would draw from the list of families living below 300 percent of the federal poverty line first.
NEWS
April 6, 2016 | By Julia Terruso, Staff Writer
Mayor Kenney's proposed 3-cents-per-ounce soda tax would be the highest in the nation. But a look at the numbers begs the question: Does it have to be so stiff? An analysis done by City Council, which would need to approve the tax, found that a 2.5-cents-per-ounce tax could actually bring in slightly more revenue, as it would trigger a smaller decline in soda sales. It is yet another projection of how the tax would affect soda sales in the city. Kenney's finance team and the beverage industry have offered their own calculations.
NEWS
April 4, 2016 | By Tricia L. Nadolny, Staff Writer
In 1990, Harold Honickman was weighing whether to add a new beverage to the lineup at one of his bottling plants. The drink, the brainchild of two New York City window washers and a grocer, was unorthodox, with a glass bottle, a pasteurized product, and an all-natural sales pitch. But Honickman had a good feeling, so he took a chance - on Snapple. "I had a philosophy growing up that I wanted to sell all the liquid that a consumer would put into their stomach," Honickman said.
NEWS
April 2, 2016 | By Tricia L. Nadolny, Staff Writer
After two commercial bakeries recently moved out of Philadelphia, a member of City Council wants to entice new food manufacturers to town with a tax break. Councilman Bobby Henon on Thursday introduced a bill that would give new bakeries or other food manufacturers a 10-year abatement of the city's use and occupancy (U&O) tax on businesses. "We're just tired of people leaving," Henon said. "We want people to come to the city of Philadelphia. " About 550 bakery workers in Philadelphia recently lost their jobs.
NEWS
April 2, 2016 | By Jeremy Roebuck, Staff Writer
A technician at a West Philadelphia mental health clinic stole patient information and sold it to scammers filing fake tax returns, a federal jury concluded Thursday as it convicted the man on conspiracy, fraud, and identity-theft charges. Jean Baptiste Alvarez, 43, of Aldan, faces a mandatory minimum sentence of two years in prison at a sentencing hearing scheduled for July. According to prosecutors, Alvarez smuggled patient log-in sheets under his clothing as he left work each night at the Kirkbride Center, a 245-bed inpatient facility just outside University City.
NEWS
April 1, 2016
HILLARY CLINTON famously espoused the mantra, "It takes a village to raise a child. " Mayor Kenney's mantra is "It takes a village tax on sugary drinks to raise a child. " As Kenney sees it, his villagers don't have to fear the Big Bad Wolf, but rather Big Bad Soda. The wolf is not huffing and puffing. The villagers are huffing and puffing because they are made fat by Big Soda. Kenney has not spoken as much about the health benefits of this new tax in recent days. Instead, apparently bristling at the argument that this tax will affect poorer people the most, he has launched attacks on evil corporations making money off everyday Philadelphians.
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