Last month we reported on a radical new proposal now brewing in the Pennsylvania Senate that could potentially wipe out local property taxation (“OUR OPINION: Bye-Bye Property Tax? A New Way To Fund Education,” Aug. 22).
http://www.phillyrecord.com/2013/08/our-opinion-bye-bye-property-tax-a-new-way-to-fund-education/
Heavy-hitting business lobbyists have marshaled a major counterattack to save property taxes. It is a coalition of businesses that fear new corporate income taxes will be used to lift the burden now borne by homeowners. As reported by The Philadelphia Independent:
http://paindependent.com/2013/09/business-industry-groups-come-out-against-property-tax-shift-plan/