Half of Philadelphia's General Fund revenue comes from wage taxes. That ends up being 1/6th of the budget of Philadelphia and 2/7 of the revenue for the city.

Half of Philadelphia's General Fund revenue comes from wage taxes. That ends up being 1/6th of the budget of Philadelphia and 2/7 of the revenue for the city. While it isn't unreasonable to worry that the net effect of lowering the business income and real estate taxes applied to Amazon would result in a negative tax/expense ratio, when applied holistically and including the other taxes, it's also not unreasonable to think the city revenue will increase, particularly when you add in related businesses.