COVID-19 has impacted everyone from all corners of the globe. However, Philadelphia – already struggling with issues ranging from gentrification, to blight, to regressive taxation (we’re looking at you, soda tax) – has been dealt a near fatal blow to its economy due to the pandemic. Can a simple reimagining of one of the City’s most familiar taxes be the key to keeping long-time residents in their homes, encouraging private investment, and shoring up revenue streams in the time of social distancing and beyond?
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