Mayor Nutter is offering regressive taxes as a solution to the city budget deficit, showing just how limited a vision our elected leaders have for addressing this economic crisis.
Philadelphia is faced with a budget deficit of upwards of $100 million for fiscal year 2011. Over the five years that the city has to plan for, it's looking at a $500 to $700 million shortfall. This is a significant chunk of change to add on to the $2.4 billion already cut in the city's five-year plan last round.
On Monday people across the city remembered the eighty-seven souls that died in this last year either living on the streets or in shelters. Eighty-seven people! This is a dramatic rise from the previous year and it is shameful.
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