Latest News
Mar 31, 2023
Op-ed: Chinatown community seeing effects of crime and violence
Less than a month ago, it happened to us. Like so many restaurants and shops in Philadelphia, my bakery in Chinatown was robbed. It was brazen; as my cashier was closing up, the robber rushed inside, grabbed the cash, and tried to flee. Amazingly, a customer jumped in, took the money back, and chased the robber out. Even though no money was lost, my cashier was traumatized and I feel like my bakery was violated.
Feb 28, 2023
Viewpoint: Philadelphia's next mayor must realize crime, quality of life and job growth are interconnected
The people currently running to lead Philadelphia do so at a remarkable moment in our city’s history. With a reinvigorated commitment to improving the quality of life in our region, and our laser-like focus on inclusive and equitable growth, Philadelphia is making 21st century economic progress, particularly for underserved communities. With the right approaches, we can turbocharge that growth, even as we confront our city’s persistent challenges: namely, gun violence and poverty are keeping our city from reaching its potential.
Nov 17, 2022
Viewpoint: Philadelphia's next mayor, City Council must prioritize inclusive job and business growth
In 2023, Philadelphia is poised to elect the city’s 100th Mayor and a new City Council. While our future elected public officials will consider many issues, we believe a comprehensive pro-jobs, economic agenda must be part of the discussion to revitalize and grow our great city.
Nov 10, 2022
What the Philly economy can learn from our hot sports scene. Let’s hustle
The Phillies and the Union had an impressive season despite the outcome of the World Series and the Major League Soccer Cup. Still, the Eagles remain undefeated in the National Football League, and Philly has been tapped as a host city for the 2026 FIFA World Cup, causing Philly sports pride to run high.
Jun 17, 2022
‘It’s a start’: City Council cuts Philly’s wage and business tax rates in a win for diverse chambers
City Council’s agreement late Wednesday to accept small but historic wage and business tax cuts marks one of the first major business-friendly moves by city government in decades, advocates and bill sponsors said.
Jun 16, 2022
Council, Kenney reach budget deal with plenty of tax cuts
City Council gave preliminary approval Thursday to a budget that would slash wage and business taxes and significantly expand popular property tax relief programs in response to rising assessments.
Lawmakers, tasked with passing a spending plan by the end of the month, reached an agreement with Mayor Jim Kenney’s administration late Wednesday night.
Jun 16, 2022
Approval of BIRT and wage tax cuts hailed as turning point by Philadelphia business leaders
Leaders of the Chamber of Commerce for Greater Philadelphia and the Diverse Chambers Coalition lauded City Council’s approval of decreases in local business and wage taxes as a significant move to reverse the city's anti-business reputation.
Jun 16, 2022
Philadelphia City Council approves business and wage tax cuts as part of $5.6B budget deal
Philadelphia City Council approved a $5.6 billion budget for fiscal year 2023 in a preliminary vote late Wednesday, reaching a deal with Mayor Jim Kenney that includes cuts to both business and wage taxes.
The deal also takes steps to mitigate the impact of increased property taxes following a recent reassessment that found a 21% aggregate jump in property values citywide since 2020.
Jun 15, 2022
Philly’s five chambers of commerce show unprecedented unity pushing for wage tax cut
City Council is scheduled to discuss wage tax cuts, business tax cuts and other budget issues beginning Wednesday afternoon. In a striking show of unity, Philadelphia’s business chambers — five in all — are banding together to push City Council to cut burdensome wage and business taxes.
Jun 14, 2022
Op-ed: How Philadelphia can support the LGBT community
As Philadelphia emerges from the COVID-19 pandemic that caused deep damage to our communities, decision makers have been focused on what it will take “come back” and “return to normal”. But the goal shouldn’t be to “return” to how things were, but to use the slowdown forced by the pandemic to make things better in our communities. By adopting just a few key changes, the city can not only help communities that were harmed, but build upon its reputation as one of the best places in the country to live, work or visit.
Jun 1, 2022
Philly business leaders rally for wage, business tax cuts
Another “briefcase brigade” may be brewing.
Twenty years ago, members of the business community marched to City Hall to protest then Mayor John Street’s veto of a bill lowering Philadelphia’s wage tax. The effort was successful, but the tax remains a problem, employers say.
May 31, 2022
Chambers, minority firms call for business and wage tax cuts
A group of business chambers, business groups and diverse businesses in Philadelphia, are calling on Mayor Jim Kenney and City Council to make substantial wage and business cuts in fiscal year 2023. They are holding a rally at noon on Wednesday on the north side of City Hall.
May 31, 2022
It's time to give Philly’s workers, and working business owners, a raise
Often when people hear about cutting taxes for businesses they think that it is about tax breaks for large corporations making billions of dollars each year. When in fact, it is about supporting small businesses like mine and others such as pizza shops, hair salons, and coffee shops. We’re not making billions of dollars yet we are creating local jobs and providing needed services within our region and beyond.
May 18, 2022
Philly’s ability to generate job growth could mean the difference between renaissance or stagnation
Philadelphia faces a turning point in its post-pandemic recovery, and a new report suggests that just 70,000 new jobs within the city limits could mean the difference between a renaissance or stagnation.
May 9, 2022
RELEASE: Inclusive Growth Coalition calls on the City to “Give Philly a Raise!”
Particularly during this recovery period, to grow our economy, reduce poverty, maintain quality services and make our city safer, it is imperative that we increase the number of gainfully employed people in Philadelphia – either working for themselves or for others.
Mar 27, 2022
Op-ed: COVID has raised demand for workers and wages. Is that the solution to Philadelphia’s poverty
In recent months, from grocery aisles to gas stations to the cost of popular holiday gifts, evidence of higher prices is everywhere. As anyone who has taken Economics 101 would be able to quickly explain, costs of goods and services rise when demand for them outstrips their supply. Whether due to supply chain snags, pent up demand as COVID lockdowns lift or consumers feeling flush after stimulus payments, the pandemic has not changed this basic tenant of economics.
Mar 4, 2022
Leaders of Philly’s minority chambers of commerce say the city needs to be more business-friendly
Philadelphia-area chambers of commerce are coming together under one central idea: inclusive growth.
The Inclusive Growth Coalition, including several business organizations in the southeast, is advocating for Philadelphia’s pandemic recovery process to be equitable as it brings job and business growth to the region.
Mar 1, 2022
How Local Communities Can Support Black And Brown Business Owners
As business leaders, we must always heed the words of Martin Luther King Jr.: “We are not makers of history. We are made by history.” Let’s ask ourselves, what is history making us out to be? Have we moved the needle and advanced diversity, equity and inclusion as many of us publicly promised? Have we acted, or are we still reacting? Are we effectively communicating our actions to stakeholders? Are we focused solely on our own progress, or are we making contributions as corporate citizens and community partners?
Feb 24, 2022
Philadelphia could either add or lose tens of thousands of jobs in coming years
Philadelphia could add — or lose — some 30,000 jobs over the next few years as the effects of the pandemic continue to play out, according to various scenarios presented in a new report from Pew Charitable Trusts.
Feb 16, 2022
It’s ridiculously difficult to start a business in Philadelphia | Opinion
Philadelphia Flyers founder Ed Snider breezed through the government approval process in 1967 when he built the Spectrum for his new sports franchise. He once said all of the legal paperwork fit inside two small binders.
Snider faced much different conditions when he built the Wells Fargo Center on the same lot 30 years later. His partners filled a long conference table with regulatory documents piled so high attorneys barely could see each other over the top.
Feb 10, 2022
Philly’s economy recovering slowly from COVID-19, report finds
Philadelphia’s economy has not bounced back from the coronavirus-fueled downturn as fast as the nation’s, or that of comparable cities, according to a new report.
The sluggish rebound has had a disproportionate impact on Black, female and low-income workers, said the analysis, released Wednesday by the Pew Charitable Trusts.
Feb 2, 2022
The Inclusive Growth Coalition, advocating for a more inclusive business community and job creation
In Philadelphia, there is a vast community of diverse business owners. However, some disparities exist that make it difficult for some to grow, scale or even sustain their businesses.
A new partnership — the Inclusive Growth Coalition — has come together to help address this reality and advocate for more inclusive business growth and job creation across the city.
Jan 16, 2022
The urgent need for inclusive job and business growth in Philadelphia
It has been almost two long years since the COVID-19 pandemic began, threatening both the health and well-being of everyone who lives in, works in or visits Philadelphia. While our community has become more resilient — due in large part to the rapid adoption of vaccines and safety regulations — it is clear the emergency has had a major impact on our city and has redefined our communities’ efforts to care for one another.
Nov 11, 2021
3 ways Philly should use stimulus dollars to create jobs | Opinion
For a lifelong Philadelphian and small-business owner for more than 20 years, this last year has been difficult. The COVID-19 pandemic has forced the majority of small-business owners to make the almost impossible decision between taking on potentially risky debt without having a clear direction on what next steps will be for the city or simply shuttering. While many small businesses have survived, thanks in no small part to government aid, many did not. The loss of small businesses, and the jobs they provide in neighborhoods, will impact Philadelphia for years to come unless the city emerges strong from the pandemic.