- Pennsylvania Among 'Terrible 10' Most Regressive Tax States
- February 4 Non-Partisan Training: HOW TO RUN FOR ELECTION BOARD IN 2013: HOW TO RUN FOR COMMITTEEPERSON IN 2014
- Republican Governors Opt-In to Medicaid Expansion
- The Reports of Unions' Death Are Greatly Exaggerated
- Ask Allyson Schwartz to run for Governor
- Mind the gap: Opting Out of Medicaid Expansion Leaves Low-income Families Behind
- Jan. 14 Workshop:HOW TO RUN FOR ELECTION BOARD IN 2013; HOW TO RUN FOR COMMITTEEPERSON IN 2014
- Seth Williams on Guns, Jasmine Rivera on School Closures @PFC Meetup Wednesday
- PA Revenue Strong Midway Through Year; Tax Cut Could Have Big Impact
- What to Make of the Fiscal Cliff Deal?
You decide: no casinos or BPT cuts?
Our friends over at Old Philly Politics A.K.A. The Public Record have a pretty interesting editorial in this week's paper. The crux of it is this:
In a campaign that proved wildly popular with the citizenry, Mike Nutter proposed to spend more on police, health programs, arts programs, schools and Community College. He is opening up new offices in City Hall as fast as desks can be delivered – for business, culture, public relations, transportation, zoning and housing, to name but a few.
At the same time, Nutter is determined to keep cutting the City’s destructive business and wage taxes. Great! In the long run, a healthier business environment will pump revenues in a healthier way.
In the short term, however, it looks like we’re walking into a recession. That can wreak havoc with the Mayor’s best-laid plans. If a general economic downturn affects our region, a wide range of business and wage taxes will drop.
The real-estate market is cooling off at the same time. This will lead to lower earnings from the transfer tax.
The city cannot afford, in 2008, to turn away any longer from the immediate economic benefits of casino construction.
I think slots casinos are one of the worst ideas for economic development proposed for this city in a long time (right up there with raising Black Bottom for Penn in the 50's, "slum clearance" on South Street via the Crosstown Expressway, stadiums and convention centers, etc. And could only be made worse by adding tables games to the mix). I am very happy they have still not been built.
However, this editorial (and the front-page story of the Public Record) make it clear that pro-casino forces are getting antsy.
And positioning casino revenue as a way to fund BPT tax cuts is very, very interesting to me.
I am curious to know who is pushing this idea behind the scenes and how much traction it will gain. It's certainly an argument that could put a lot of us in a weird place, i.e. united.