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The "Revenue for A Just Recovery" Plan
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May 1, 2020

Revenue for A Just Recovery: Philly Government Must Fully Fund our Communities and City Services

The Coronavirus pandemic has created both a public health and fiscal crisis for the City of Philadelphia. The City Controller’s Office reported possible declines in tax revenues between $344 million and $674 million over the next two years. Black and Brown communities in the city have historically been underfunded and most impacted by austerity measures. Now more than ever, our communities need deep investment that support working families- not cuts that reduce city services.

We are calling on our elected officials to take swift action to stop the spread of the virus and support bold policies that fully fund recovery and mitigate the lasting impact of the virus on working families throughout the city.  In order to do this, the city must explore progressive revenue options. Progressive revenue streams shift the burden from the shoulders of working class Philadelphians and small businesses to the people and institutions with the resources to fund our communities. Below is a list of progressive options we believe the city should explore and implement, as we move through this unprecedented crisis.

Progressive Revenue Options on the City Level

Fully End the Tax Abatement

Raise the Gross Receipts Tax

Cancel Cuts to Business  Net Income  Tax

Cancel Cuts to Wage Tax

Pass Municipal Fair Share Tax

Apply a Sales Tax for Legal & Accounting & Other Services

Increase the Realty Transfer Tax

Use a portion of the Rainy Day Fund (Budget Stabilization Reserve Fund)

Establish a PILOT program with mega-nonprofits

Restart the Personal Property Tax

Create a Philadelphia Public Bank

Progressive Revenue Options on the State Level

Close the “Delaware loophole”

Progressive Revenue Options on the Federal Level

Use Federal CARES Act to fund services in Black and Brown communities

Demand Stimulus #5  for the Real Cost of Covid 19 Crisis

Progressive Revenue Options from the Federal Reserve

Expand the Municipal Liquidities Facility from the Federal Reserve

Additional resources on Federal Reserve

This proposal is endorsed by:

Movement Alliance Project/Media Mobilizing Project

215 People’s Alliance

PA Domestic Workers Alliance

Philly Thrive

Neighborhood Networks

Philly Power Research

Asian Americans United


Project SAFE

Reclaim Philadelphia

Jobs With Justice

One Pennsylvania

Philly Schools Unifying Neighborhoods

Youth Art & Self Empowerment Project


Action Center on Race and the Economy (ACRE)