What is a Wage Tax, and How did the Pandemic Affect Philly’s?

City budgets are getting wrecked by the pandemic. One of the areas that’s come in focus for Philly is the wage tax.

Remote work reigns for those who can swing it. In Center City, office occupancy has not been higher than between 5 and 10% throughout the pandemic. That’s a problem for this tax, which relies partly on suburban workers who are now no longer commuting into the city — and makes up a big part of City of Philadelphia revenue.

If you’re stuck wondering what that even means, we gotcha. Here’s a quick explainer on the tax, why it matters and how it’s changed in recent months.

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