Philadelphia Controller Considers Radical Tax Change

In Philadelphia, PA, the Controller is gaining influential support for a plan to tax city at a higher rate than buildings.

1 minute read

October 27, 2001, 5:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


"Flying under Philadelphia's political radar, City Controller Jonathan Saidel has been quietly collecting influential support for a radical overhaul of the city's tax structure...if taxes are raised on vacant, abandoned or underused land, the owners will develop the property to cover their higher costs. And, because taxes would be lowered on buildings, property owners would have an incentive to invest in homes and businesses."

Thanks to Adam Krom

Monday, October 22, 2001 in The Philadelphia Inquirer

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