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There are three critical pillars to inclusive growth: safer communities, a more competitive tax structure and making it easier to do business in our city.
1
Safer
Communities
Crime, gun violence, and a growing sense of lawlessness are significant obstacles to inclusive business growth. Countless Philadelphia businesses have faced no choice but to limit their hours of operation, relocate or close outright because of rising rates of violence and property crime. Businesses cannot survive without security for both workers and the communities they serve. Citizens should demand concrete plans and actionable steps that will make our city safer.
2
Growing Businesses and Creating Jobs
The city’s tax structure hurts diverse businesses the most. Reducing these burdensome and duplicative taxes aides in their sustainability and growth. Recent reductions to the City’s Wage and Business Income and Receipts taxes (BIRT) are an indication that Philadelphia is working to become more competitive. Extending these reductions as part of the city’s five-year plan is necessary for the long-term growth and stability of businesses citywide.
3
Making It Easier to
Do Business
The city’s bureaucracy can often be complex and expensive for local businesses. The costs of licensing and permitting, and of the time that business owners must devote to, make the city increasingly unattractive for entrepreneurs. Improving access to necessary permits, approvals, and requirements for business owners is critical. The City must employ accepted best practices to help streamline government interactions, giving entrepreneurs the opportunity to invest more time and resources into growing their respective businesses.