No new taxes? We’ve heard that one before.

Hurray! Last Tuesday, Mayor Nutter announced that he won’t propose any new taxes in his budget address next week.But hold on … haven’t we heard that before?

On this week’s It’s Our Money podcast, Doron Taussig explains to Holly Otterbein why he’s afraid he’s living in the movie Groundhog Day, with the same thing happening over and over again. And if it is Groundhog Day, that means this story does in fact end with some new taxes.

 

Click here to view Mayor Nutter’s March 4 2011 budget speech – at about 6:30 in, he makes his no new tax increase declaration.

Check out the It’s Our Money podcast, and find more at www.ourmoneyphilly.com.

It’s Our Money is a joint project of the Daily News and WHYY, funded by the William Penn Foundation. We shed light on where your tax dollars are going.

Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

It will take 126,000 members this year for great news and programs to thrive. Help us get to 100% of the goal.