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).
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: