A 1% New Construction Tax
- Author
- Victor Menasce
- Published
- Tue 12 Jun 2018
- Episode Link
- https://podcasters.spotify.com/pod/show/victorjm/episodes/A-1-New-Construction-Tax-e1kgtg
The City of Philadelphia is talking about doing away with a 10 year property tax abatement and imposing a 1% tax on new construction projects across the city. The move is designed to raise funds for affordable housing. What are the consequences of such a tax? Will it work?
