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The 12 Percent Solution

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It looks like property taxes will be going up in Philadelphia this year.  Unhappy with Mayor Nutter's proposal to impose a $300-per-household trash fee, Councilman Frank DiCicco proposed a 12.1 percent increase in property taxes on Wednesday (March 25).  Both would raise the same amount of money -- about $105 million a year -- but DiCicco's bill would land on high-valued homes more than the Nutter flat tax. Council members were reluctant to sign on as co-sponsors of the bill, but it looks like the trash tax is dead and this is the bill that will move foward.
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