[MSFHQ]

You get a lot more in the suburbs than you do in Philadelphia. Imagine paying Radnor property taxes and having the schools you have in Philly? Also, Philadelphia hasn't exactly seen a population boom. Yes, more people are moving to the city, but Philadelphia has a relatively bad rap to outsiders.

The lower property tax also ignores the fact that you get nailed for 4% just by living in the city.

I don't see much hard fact refuting. Only other side talking points. IMO, anything that entices developers to build in Philly is a good thing. This city needs continual gentrification to truly entice people. I live in the nice part of the city and it can turn into a dump real fast. Even if removing the abatement would only SLIGHTLY slow down development that is far too much.

I just can't see any good reason to remove it. If Philly wants more tax revenue they should go after the delinquent properties they already have. That or provide a pro business/pro development environment to entice more businesses and professionals to live in the city, thereby feeding the coffers though wage tax (another abomination) and sales tax.