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Philadelphia businesses would see modestly cut tax rates under Kenney’s budget plan

Kenney’s $5.2 billion proposal would accelerate incremental cuts to the city’s wage tax and resume planned decreases in businesses taxes, which critics have blamed for making the city uncompetitive.

Philadelphia Mayor Jim Kenney delivers his annual budget address to City Council. The address was pre-recorded on Wednesday and played for Council on Thursday.
Philadelphia Mayor Jim Kenney delivers his annual budget address to City Council. The address was pre-recorded on Wednesday and played for Council on Thursday.Read moreCourtesy of the Kenney administration