Well, the title really says it all. Philly, another dessicated and hollowed-out rust-belt city like Detroit, is insolvent. Suprise suprise. Elsewhere
we have tax and pension trouble. The litany tolls like a sombre bell.
Philly is city run by pure morons, I know because I live there. They started this ten year tax abatement thing for condos and homes. Now you have
thousands not paying ANY city taxes and drawing on city services. They need to reduce that or remove it completely.
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