Legislation

City Council Revamps Tax Breaks For Philly Businesses, Tinkers With Tax Abatement Levels Daily

Philadelphia's largest employers would pay hundreds of thousands more in property taxes under a proposal to scale back lucrative tax breaks on commercial and industrial developments across the city. Small business owners in gentrifying neighborhoods fear they'll be priced out by new tax hikes proposed for larger properties, which currently receive massive subsidies.

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City Council Moves to Slash Tax Breaks on Property Improvements for Businesses and Homeowners

A proposed change to Philadelphia's tax code would save homeowners an estimated $1,000 per year by limiting the length of time they can claim a property improvement exemption on their taxes.

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City Seals Deal for 18.4-Acre Site in Northeast Philly With Purchase Agreement Worth Nearly Nine Hundred Thousand Dollars

This bill authorizes PAID to buy a 18.41-acre tract of land at 3101 East Orthodox street for $874,500, under certain conditions.

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