Nick K wrote a column today about taxes rates–great read!!! Various councilors gave the some typical comments that they have given for years:
- task forces
- studies
You know the drill. There is only one way to increase our tax base and it is the Philly Plan that we have discussed for years:
- target undervalued commercial parcels (Wyamn Gordon-SWIP-Aud-Courthouse to name a few)
- lock in assessed values for ten years
- waive all permitting fees
- develop a marketing plan like NewYork has done
O’kay, lets say you think this is a stupid idea, tell me why or give me another idea since we have not see any other proposal. In the end we know this will not happen and the commercial tax base will continue to decrease and no monies will allocated from the current budget for the unfunded pension and OPEB obligations. This is not a good plan for financial stability.
