Philadelphia City Councilmember Introduces Tax On City's Wealthy Residents

Philadelphia PA

30 March, 2022

12:48 PM

Description

CBS Philadelphia March 30, 2022 Progressives in the Philadelphia City Council have introduced a tax on the city's wealthy. Councilmember Kendra Brooks introduced the "Philly Wealth Tax" during a Zoom call Tuesday to combat inequality in the city. It's a municipal tax that would tax wealth in stocks and bonds. U.S. Sen. Elizabeth Warren, who ran on a presidential campaign to tax the wealthy, tuned in virtually for the announcement. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.