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Posted inWURD 🎙️

Philadelphia tax break program fails to deliver hoped-for benefits to students

These tax breaks are a lynchpin of Keystone Opportunity Zones, a 25-year-old state program that officials say spurs development on abandoned or underutilized land by waiving nearly all state and local taxes, including business and property taxes, in the zones for up to 10 years. Pennsylvania says the program is a strong economic development strategy.