9.11.2008

Philadelphia's Budget shortfall.

Is 450 million over 5 years. I didn't realize until now that Philadelphia's yearly budget is on the order of 3.5 billion. and that the biggest chunk of it comes from wage taxes and something called a "net profit tax." I'm intrigued, so I might dig a little more to learn where the money comes from, and where it goes.

Anyway, I read Nutter's speech about this. I love this guy's priorities. He says things that are so measured and judicious, but always has this tone of passion and urgency when talking about these really dry issues.

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