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A Real Challenge

With one of the richest legacies in the country, Philadelphia is a city built on the principles of liberty and equality that serve as the foundation for our nation, as well as a once thriving hub of commerce and industry. Although endowed with such an incredible past, today the city struggles with an uncertain future filled with significant challenges. These challenges include:

• A declining population
• A disappearing middle class
• A deteriorating physical infrastructure
• Widespread poverty, homelessness, and crime

and many other obstacles. Adding to these internal challenges is a national economic crisis that has further impeded Philadelphia's ability to fund basic services and attract investment.

A Real Solution: Land Value Taxation

In order to meet these challenges, it is time to turn to serious reforms that can stabilize the city today and reverse the decades of decline tomorrow. A land value tax (LVT) will allow the city to maintain the present level of services under the budget while providing significant tax relief to nearly 75% of property owners across the city. With these savings, homeowners can use the money to