Michael Nutter on Budget & Economy

	Michael Nutter on Budget & Economy

Cutting government to balance budget without tax hike

City government today is smaller, spends less, and is more efficient. Because of the cuts we have made, we are able to make investments in essential core services without asking for any further tax increase. There are no tax increases in the budget that I propose today; the temporary 1% sales tax increase will expire in FY15 and the wage and business tax cuts that we suspended will be reinstated in FY14. We'll continue to cut spending. Source: City of Philadelphia Mayoral press release, "Healthcare" , Mar 3, 2011

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