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A Philadelphia parking garage at 8th and Chestnut streets. (Emma Lee/WHYY)
City Councilmember Cherelle Parker introduced a bill Thursday that would dramatically lower Philadelphia’s parking tax rate.
The proposed legislation would cut the levy on revenues paid at parking lots and garages by nearly a third –– from 25% to 17% –– and would take effect in July.
Parker says the reduction is a benefit for both parking industry leaders and their employees.
“The goal of lowering this tax rate is for some of the benefits to flow directly to the parking workers either by bringing back laid-off parking workers or by improving the pay and the benefits of parking workers,” Parker said to City Council. “I believe that it is possible to be a pro-industry, pro-business, and pro-worker.”