Taxes
Officials: Philly’s Sugary Drink Sales Will Drop by 55% Under Kenney’s Tax
That’s a lot fewer Big Gulps. Under Mayor Jim Kenney’s proposed soda tax, officials estimate that sugary drink sales in Philadelphia would drop by 55 percent next year. […]
The Chamber of Commerce Isn’t Attacking Kenney’s Soda Tax — That’s Huge
Mayor Jim Kenney delivered his first budget address Thursday, in which he argued that City Council should pass a soda tax in order to expand pre-K, overhaul […]
Wait, Were Officials Trying to Limit Public Access to Kenney’s Budget Address?
Was there a plan afoot to make Mayor Jim Kenney’s budget address a VIP-only event? On Tuesday, an aide for City Council President Darrell Clarke […]
Kenney: Soda Tax Could Raise $400 Million for Pre-K, Parks, Jobs
Mayor Jim Kenney says his proposed soda tax could bring in $400 million over five years — money that would be used to fund universal […]
Sources: Kenney to Propose a Soda Tax
City Hall sources tell Citified that Mayor Jim Kenney is going to propose a soda tax next week at his first budget address. We don’t know […]
N.J. Bill Would Close Corporate Tax Loophole
Democrats in the New Jersey State Legislature introduced a new bill that would close a corporate tax loophole. State Senators Ray Lesniak, Linda Greenstein and […]
Late on Taxes? Didn’t File? A “Tax Amnesty” Could Help You Make Things Right.
Maybe you put off paying your taxes a little too long. Maybe you never filed in the first place. If that’s the case — and […]
One of Mayor Nutter’s Last Proposals Is Probably Already Dead
Mayor Michael Nutter has two short months left in office to shape his legacy in the minds of Philadelphians. Councilwoman Marian Tasco introduced a bill earlier this month […]
This Bill Would Ban Cigarette Sales In Drug Stores
Mayor Michael Nutter wants to prohibit cigarette sales in drug stores throughout Philadelphia, in hopes of persuading more smokers to kick the habit. Councilwoman Marian Tasco introduced a […]
Did Mayor Nutter Win the War on Soda?
Good morning, Philadelphia. Here’s what you need to know today. The FBI has warned Philly-area colleges about a threat of violence today. Philly Mag’s Victor […]
Donald Trump’s Tax Plan Costs Government $10 Trillion
Like it or not, Donald Trump is looking more like a presidential candidate that’s in the race for the long haul — and now he’s beginning […]
Why Camden and Its $1 Billion in Tax Breaks Isn’t Growing at Philly’s Expense
Since September 2013, when Gov. Chris Christie signed into law New Jersey’s Economic Opportunity Act of 2013, the state has approved more than $2 billion in […]
$253 Million to Relocate HQ to Camden
Can New Jersey revitalize Camden with tax credits? That remains to be seen, but the state sure is trying. New Jersey awarded one of its largest […]
Would Tax Reform Really Create 80,000 Jobs in Philly?
A bold plan to overhaul Philadelphia’s taxes by a broad coalition of businesses and labor groups was dealt a major blow this June, when City Council President Darrell […]
Study: PA Has Second-Highest Tax Rate for a Coprorate HQ
Pennsylvania’s tax rate is particularly tough on corporate headquarters and independent retail stores, according to a new study by the Tax Foundation and KPMG. The state is kind […]