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Taxes

The Original Tony Luke's in South Philly.
Courts & Law

Owners of The Original Tony Luke’s cheesesteak shop plead guilty to tax fraud

Prosecutors say the cheesesteak shop owners bilked the IRS out of between $550,000 and $1.5 million.

3 years ago

Rowhouses line North 29th Street in Philadelphia
Urban Planning

Real estate assessment could mean higher property taxes for many Philly homeowners

About 20% of homeowners are appealing after Philly’s first assessment in several years shows some big increases in property values.

3 years ago

Beachgoers are pictured at Island Beach State Park
Community

Poll: Quality of life good in N.J., but people want to leave due to costs and taxes

Nearly two-thirds surveyed in a Monmouth University poll say they would like to leave New Jersey because it costs too much.

3 years ago

Dollar bills are seen in the foreground, with the Philly skyline in the background.
Money
Billy Penn

You have to think ahead to use Philly’s new online tax system, but at least 42,000 people have figured it out

Did COVID, remote work, or job changes make paying taxes more confusing? You’re not alone.

3 years ago

The Delaware Senate passed the $300 tax rebate bill unanimously on Thursday. (State of Delaware)
Politics & Policy

$300 tax rebate coming to Delawareans next month as inflation relief

The money will be mailed to residents who filed a 2021 tax return for 2020 earnings.

3 years ago

Delaware State Capitol Building in Dover. (Paul Brady/Bigstock)
Politics & Policy

Real estate transfer taxes in Delaware rose in 2017 to plug a budget hole. Now there’s bipartisan support to roll back that increase

The tax levied on the sale of property went to 4% in 2017. That’s $12,000 on a $300,000 home. Proponents of the bill want to return the tax to 3%.

3 years ago

The Port of Wilmington in Delaware.
Courts & Law

Judge rules against Delaware port operator in tariff dispute

The judge also ruled Tuesday that GT USA Wilmington cannot block Buckeye Partners or its customers from accessing an adjacent fuel storage terminal.

3 years ago

Philadelphia City Hall.
Politics & Policy
Billy Penn

Tax the rich? A new bill in City Council would place a levy on stocks and bonds

The Philly Wealth Tax could bring in $150 to $400 million a year, backers say.

3 years ago

The exterior of Legislative Hall in Dover.
Politics & Policy

$300 rebate checks could be coming soon to Delaware taxpayers

Every state resident who filed a 2020 tax return will get a direct payment, under a bipartisan plan expected to be approved by lawmakers next month.

3 years ago

Homes in Jersey City, NJ in March, 2016.
Politics & Policy

N.J. property tax relief program could expand to nearly 2 million residents — including renters

Under the governor’s proposal, the state would see the number of New Jerseyans eligible for property tax rebates more than triple.

3 years ago

Delaware State Capitol Building in Dover. (Paul Brady/Bigstock)
Politics & Policy

Bill would nearly double property tax credit for Delaware residents 65 and over

The rebate was cut from $500 to $400 five years ago when state revenues were lagging. Now, with the treasury flush, a bill would increase it to $750.

3 years ago

A selection of beef cuts is displayed at a Publix Supermarket, Wednesday, Oct. 20, 2021, in Miami. Prices paid by U.S. consumers jumped in December 2021 compared to a year earlier, the latest evidence that rising costs for food, gas, rent and other necessities are heightening the financial pressures on America's households. (AP Photo/Marta Lavandier)
Radio Times
Money

The economy is strong, but inflation drags on

Philadelphia Fed President Patrick Harker and Moody's Analytics' Mark Zandi discuss inflation and why many measures of the American economy are looking bright.

Air Date: February 16, 2022 10:00 am

Listen 49:00
Gov. Tom Wolf, wearing a face mask, speaks to the press from behind a podium
Politics & Policy

What to watch for in Wolf’s budget proposal

The details of Wolf’s budget plan for the 2022-23 fiscal year starting July 1 remain under wraps, but he has made it plain that public school funding is his top priority.

3 years ago

New Jersey Statehouse in Trenton. (Emma Lee/WHYY)
Politics & Policy

Two proposals to relieve property tax burden moving through N.J. Legislature

Some New Jersey lawmakers are putting forward two proposals to address the state’s high property taxes. Here’s what those bills would do.

3 years ago

Cans of Mountain Dew
Politics & Policy
Billy Penn

Philly’s soda tax is under fire again. Who wants to see it end, and who still thinks it’s a win?

Mayor Kenney’s signature program has funded rec centers and pre-K. A new report raises questions about where the money goes.

3 years ago

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