Philly has done it again

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Philadelphia takes steps to end business-unfriendly taxes, fees



key parts

• Kenney said his bill would eliminate the $2,000 to $5,000 in fees that businesses have to fork over to set up shop in the city.
• His bill also would exempt start-ups from paying business taxes for two years if they employ three city residents in the first year and six by the second year.
• "This is kind of a tax abatement to get you through the most difficult years . . . of any business," he said.