Inclusive Growth Coalition
@InclGrowthPhl
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The Inclusive Growth Coalition (IGC) is advocating for citywide job and business growth in Philadelphia.
Philadelphia
Joined January 2022
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Meet Senzwa Ntshepe, CEO + Co-Founder of The Connect. He wants a tax structure that enables and incentivizes local talent to place roots in the city. By updating our tax structure, we can offer Philly workers the opportunities they deserve. Watch: https://t.co/43v8s2RJgX
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We're disappointed by the tax reductions adopted this week — a missed opportunity that falls short of the bold, pro-growth reform Philly needs. Moving forward, let's create a truly competitive tax structure that encourages inclusive growth for all! More:
inquirer.com
After making several relatively minor amendments, Philadelphia City Council on Thursday largely approved Mayor Cherelle L. Parker��s taxing and spending proposal for the budget.
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Philadelphia small businesses are already treading water — eliminating the BIRT exemption would pull away a lifeline. Natalia Dominguez Buckley from @GPHCC spoke to City leaders about the threat its elimination poses to small businesses: https://t.co/9yUSU5dQrN
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The BIRT and wage tax are holding Philly back! We can’t afford that... Eliminating the BIRT and reducing the wage tax would make our city more competitive nationwide. Don’t just take our word for it — hear it from Council President Johnson:
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Philly small businesses: Council is making important decisions about your future — right now! Will you have the support needed to grow? Or be held back by tax policies that make it harder to survive? Small businesses need more support, not more stress. https://t.co/5WZ3efBy5l
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Mayor Parker’s proposed tax cuts run through the year 2038. What’s the delay? When it comes to taxes, Philly needs bold action and strong reforms that meet the moment and can fix our tax structure once and for all! For starters: cut BIRT and Wage... https://t.co/1FvweTyybG
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The loss of the BIRT exemption would be an attack on countless small businesses, causing harm for generations to come. Philly needs growth, and that will only come from supporting businesses of all sizes through reductions in BIRT and Wage Taxes: https://t.co/gaBhdr6Pkn
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Philly’s job growth rate has only increased 7.8% since 2001 –– putting us behind nearby cities like NYC, Boston, and DC. The Tax Reform Commission calls this “a deeply troubling trend.” A more competitive tax structure will attract businesses to the city and help us thrive!
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In a recent interview with NBC10, Mayor Parker reaffirmed her commitment to reducing the BIRT and wage taxes—slowly. To stay competitive and attract businesses, eliminating the BIRT and further reducing the wage tax with a sense of urgency is key. https://t.co/u5PPn6UR09
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Philly’s tax grind is sending nearly half of us commuting to the suburbs! 🚗💨 Districts 10 and 6 lead with 50% and 46% commuting out. Let’s cut taxes and simplify— keep talent home and boost local biz! #PhillyBiz #TaxReform @PHLCouncil @KendraPHL @NicORourkePHL @cindybassphilly
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The mayor may eliminate an exemption allowing businesses with less than $100,000 in revenue to avoid paying the BIRT. Small businesses struggling under our tax system could face another burden. Read Jennifer Rodríguez’s op-ed on @PhillyInquirer: https://t.co/rdaMfmB4N0
inquirer.com
The potential elimination of the BIRT exemption places new pressures on small businesses, making immediate tax reform not just a goal but an urgent necessity.
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The mayor’s budget could be transformative, but the Tax Reform Commission’s plan underestimates Philly’s potential for growth. Read the Chamber of Commerce's letter to the editor on @PhillyInquirer: https://t.co/BrcSbyd9J8
@PHLCouncil
@CouncilmemberKJ
@CouncilwomanKGR
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