Official:Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by deleting certain special tax provisions and related definitions and rates, all under certain terms and conditions.
Sponsor: Councilmember Blackwell
Introduced: January 24, 2006
Signed: June 8, 2006
: Committee of the Whole
Status: Signed into Law, step 4 of 4
This bill amends the Wage and Net Profits Tax in Philadelphia by reducing taxes for low-income residents. The tax rate reduction will increase over time until it reaches half of one percent or less.
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