Quote:
Originally Posted by We Got Five
The tax abatement has done nothing to grow business. Look at the facts - the downtown office environment has remained stagnant for the last 27 years.
The tax abatement moves companies around like puzzle pieces - ala Cira Center.
Cut taxes, show the city as a positive place to do business, and keep you're young talent from the 6 big Universities within arms distance of you.
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Im' sorry, but simply lowering taxes is not going to dissuade young talent from departing to greener pastures. Philadelphia has TONS of work to do before it can reverse the brain drain, as much as it bothers me to admit it. It's going to take a generation to reverse that inertia. As much as I hate it, perception is reality and Philadelphia has not been doing itself any favors recently in that department.
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