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Philadelphia City Council Moves to Cut Taxes on Low-Income Workers Gradually Over the Next Few Years

Official:Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by decreasing in stages the rates of the tax imposed upon certain low income persons, and providing for refunds of excess taxes paid, all under certain terms and conditions.

Sponsor: Councilmember Cohen

Introduced: March 20, 2003

Voted: May 15, 2003

: Committee on Finance

housingincome taxtaxation

Plain-Language Summary

This bill aims to lower taxes for low-income residents and non-residents in Philadelphia by gradually reducing tax rates over time.

What This Bill Does

AI-written. Every figure is checked against the bill text.

The tax rate for low-income persons is reduced in stages.
Excess taxes paid by low-income persons are eligible for refunds.
The tax reduction and refunds apply to both low-income residents and non-residents.
The tax rate reductions and refunds are subject to state low-income tax provisions.