Submitted by ColdJay64 t3_11ato41 in philadelphia
Philitian t1_j9x5lts wrote
Reply to comment by nowtayneicangetinto in 78-Unit, Mixed-Use Project Approved in Fishtown by ColdJay64
It's always been a tax war with the suburbs & edge cities. They're still planning a rail extension to KOP. I'm not an economist, and I'm not going to argue whether the wage tax or the business taxes in Philly need to be cut to compete with the burbs, but I will say that the way these municipalities encourage businesses to locate their operations miles and miles from our population centers is appalling.
But one thing that I can speak with certainty of, is that the greater the professional labor pool there is within the city limits, the more employers will be incentivized to take advantage of it and seek more competitive candidates by relocating to the city. That can only come with continual investment in the city, regardless of the barriers.
I don't get why Philly people are so deprecating about this place. This city's seen such persistent development & job growth over the past decade, yet people still want to act like it's destined to stay in the gutter. It's weird.
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