Closing the Loophole in the 10 Year Tax Abatement
Councilman Al Taubenberger recently introduced an amendment to the controversial 10-Year Property Tax Abatement. Some Council colleagues want to keep it. Others want to reduce the years or eliminate it altogether. The debate will drag on for months. Meanwhile, Al uncovered a loophole in the abatement that's costing Philadelphia millions annually in uncollected fees and