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HAPPY TAX DAY! Oops...for a second, I forgot this is Philadelphia so it is always an unhappy tax day. As we know all too well, compared to other cities and surrounding competitor jurisdictions, Philadelphia taxes too much, taxes the wrong stuff, and taxes unfairly. If we were to make Philadelphia taxes more fair and less burdensome, we could improve efforts to attract and retain jobs and neighbors.
The voter-established Tax Reform Commission recommended that the city...
...and we are making progress. The next major change could come soon as City Council is considering legislation to eliminate the Gross Receipts Portion of the j-kBPT and initiate the first-ever cuts to the Net Incompe Portion of the j-kBPT.
So let's change our tune and make this a HAPPY TAX DAY. Philadelphia is singing a new song and it is in the key of Tax Reform:
C-U-T-THE-B-P-T
(oo) What you taxIt ain’t a privilege to do my business.
Taxes are just too high (oo)
And where’s the fairness? (oo)
All I’m askin’ (oo)
Is for a little reform, City Council. (just a little bit)
Baby. (just a little bit)
Some tax reform (just a little bit)
Yeah (just a little bit)
Your taxes are taking all of my money.
But I’m the one creatin’ jobs, honey.
I need to keep some profits —
Need tax reform. (just a, just a, just a, just a)
Yeah baby (just a, just a, just a, just a)
Need tax reform. (just a little bit)
Yeah. (just a little bit)
Ooo, your taxes (oo)
Take all my money. (oo)
And guess what? (oo)
That’s not so funny. (oo)
All I want you to do (oo) for me
Is give me some good old tax reform.
(re, re, re, re)
Hey baby.
(re, re, re, re)
Whip it to me.
(reform, just a little bit)
Some tax reform, now. (just a little bit)
(just a little bit)
I said I got to have it.
(just a little bit)
A little reform.
(just a little bit)
I got to have it.
(just a little bit)
A little reform.
(just a little bit)
The Job-Killing Business Privilege Tax Holds Philadelphia Back
Tax Reform Can Move Philadelphia Forward