Pennsylvania is regains status as 5th largest state in the nation. (Philadelphia: real estate, income)

[Pine to Vine]

Originally Posted by rowhomecity

I think its just a reference to the type and level of development going on considering Simon has announced a potential $1 Billion dollar worth of economic impact project in the works. Regardless PA ranks #8 for tech growth in the USA. And Philadelphia is actually ranked #3; after Bay Area and Boston. Not a bad #. PA really is overlooked in many ways. It is nice that we are back in the top 5 and can start being regarded and taken a little more seriously.

There are so many measurements and so many lists. Here is one that seems to indicates Philly is No. 7 in tech growth: https://www.prnewswire.com/news-rele...=eml_cleartime

And here is one I think you are referring to that shows the city is No. 3 for startups, if I am reading the report correctly: https://www.1776.vc/reports/innovati...-matters-2017/

The discrepancy might be on the metric being measured or in the methodology of measurement. In either case, this seems something the city ought to be waving around. I have mostly heard that we’re late to the party, but are finally seeing some tech initiative. Do the rankings of Philly measure raw members, or percentage growth? Either way is good, though I’d be interested in what is actually being claimed, if you know.

[1ondoner]

Republic and democracy are not mutually exclusive. We are a democratic republic.

Originally Posted by Pilot1

We live in a Republic, not a Democracy.

[kyb01]

Originally Posted by Pilot1

Great. They flee their oppressive, high tax states, only to bring their Progressive, high tax, nanny state vision with them. Look for PA to become overwhelmingly Blue in the next few years, not that it isn't already.

The bigger problem for you cons is if/when Texas flips to blue or Florida. I mean the senate election in Alabama must have sent shivers down your spine although Jones is a moderate.

[Pine to Vine]

Originally Posted by 2e1m5a

Yes, DC is ridiculous-they seem to revel in it "taxation without representation" LOL.


For lower income families though, Philly is very high.


Philly Among Cities with High Tax Burdens
"This is especially important in Philadelphia, which has the second-highest tax rate in the country, as well as the second-highest rate of income taxes on low-income families, according to a report by 24/7 Wall St."

^This study looked at the tax burden of families making $25,000 and $125,000. Philly had the 2nd highest tax burden for both. (Actually Philly is tied for 1st with Birmingham, AL for highest tax burden on families making $25,000.)

I'm not complaining though-I am used to it and property tax is the most important factor to me. And as you demonstrated in your previous post-many items are excluded from the sales tax.


The wage tax can be lowered further as the city and region continue to grow though.
COL overall also should be factored into this though I agree. Philly really does shine here compared to our peer East Coast cities.

Thanks for your reply and for the link. Sadly, my first evaluation doesn’t always take low-income families into consideration. I appreciate you pointing out my oversight.

Going back to tax rates, looking at the state and not the city, PA’s flat tax falls well under that of the other states I listed in my post. I am familiar with the city but not so much with the state. Is it common that other jurisdictions impose their own local wage taxes? If not, it would seem like PA would be a real tax bargain when compared with our neighbors.

(I’ve kinda glombed onto you as if you’re some sort of tax specialist, so I’ll understand if you direct me back to google.)

[Pine to Vine]

Originally Posted by 1ondoner

Republic and democracy are not mutually exclusive. We are a democratic republic.

I know. I was trying not to be a tool.

[rowhomecity]

Originally Posted by Pine to Vine

There are so many measurements and so many lists. Here is one that seems to indicates Philly is No. 7 in tech growth: https://www.prnewswire.com/news-rele...=eml_cleartime

And here is one I think you are referring to that shows the city is No. 3 for startups, if I am reading the report correctly: https://www.1776.vc/reports/innovati...-matters-2017/

The discrepancy might be on the metric being measured or in the methodology of measurement. In either case, this seems something the city ought to be waving around. I have mostly heard that we’re late to the party, but are finally seeing some tech initiative. Do the rankings of Philly measure raw members, or percentage growth? Either way is good, though I’d be interested in what is actually being claimed, if you know.

https://www.uschamber.com/sites/defa...s/itm_2017.pdf

Here is the report ranking Philadelphia as #3.


Business Climate: We’re a powerhouse.
From corporate headquarters to manufacturing facilities to state-of-the-art R&D labs, Pennsylvania has the full spectrum. Our economy is also globally competitive, and our economic density, diversity, and localization provide cost-effective access to critical supply chains.

$724 billion GDP (BEA ).
19th largest economy in the world (BEA , World Bank ).
GDP that’s comparable to Turkey and larger than Saudi Arabia and Switzerland.
21 Fortune 500 companies (Fortune ).
Three Fortune Global 500 companies (Fortune ).
2nd most diverse state economy (Missouri Economic & Research Center ).
Ranks in top 10 states for economic density (GDP per square mile).
#1 Northeast state for site selectors (Site Selection Magazine ).
Eight foreign trade zones (International Trade Administration ).
Supported 139 businesses in relocating to PA from another state over the past five years.
Six PA cities rank in top 100 business-friendly U.S. cities (MarketWatch ).
5th nationally in access to capital (CNBC ).
Ranked #4 in US for most STEM graduates.
Ranked #8 in the US for Largest Tech Employment.
Ranked #10 in the US for Tech and Innovation.

Here is the link. Go Pennsylvania https://www.pa.gov/guides/amazon-in-pa/

And I mixed up the 2 stats. We are ranked in the Top 10 @ #10 for Tech growth. But #8 for Tech employment and #4 for STEM grads. So tons of opportunities.

[Pine to Vine]

Originally Posted by rowhomecity

https://www.uschamber.com/sites/defa...s/itm_2017.pdf

Here is the report ranking Philadelphia as #3.


Business Climate: We’re a powerhouse.
From corporate headquarters to manufacturing facilities to state-of-the-art R&D labs, Pennsylvania has the full spectrum. Our economy is also globally competitive, and our economic density, diversity, and localization provide cost-effective access to critical supply chains.

$724 billion GDP (BEA ).
19th largest economy in the world (BEA , World Bank ).
GDP that’s comparable to Turkey and larger than Saudi Arabia and Switzerland.
21 Fortune 500 companies (Fortune ).
Three Fortune Global 500 companies (Fortune ).
2nd most diverse state economy (Missouri Economic & Research Center ).
Ranks in top 10 states for economic density (GDP per square mile).
#1 Northeast state for site selectors (Site Selection Magazine ).
Eight foreign trade zones (International Trade Administration ).
Supported 139 businesses in relocating to PA from another state over the past five years.
Six PA cities rank in top 100 business-friendly U.S. cities (MarketWatch ).
5th nationally in access to capital (CNBC ).
Ranked #4 in US for most STEM graduates.
Ranked #8 in the US for Largest Tech Employment.
Ranked #10 in the US for Tech and Innovation.

Here is the link. Go Pennsylvania https://www.pa.gov/guides/amazon-in-pa/

And I mixed up the 2 stats. We are ranked in the Top 10 @ #10 for Tech growth. But #8 for Tech employment.

Thanks. Not sure what you’re up to now, but it seems the PA chamber of commerce could use your skills.

[1ondoner]

This was in response to the OP who said we are a republic and not a democracy. Most people who like to shout that we are a republic, don't realize that the two are not mutually exclusive.


We are a democratic republic. And so is North Korea - Democratic People's Republic of Korea (abbreviated DPRK)

Originally Posted by Pine to Vine

I know. I was trying not to be a tool.

[Pilot1]

Originally Posted by kyb01

The bigger problem for you cons is if/when Texas flips to blue or Florida. I mean the senate election in Alabama must have sent shivers down your spine although Jones is a moderate.

It we be a problem for you Progs too. It will mean and even faster decline towards the socialist utopia you think is a better system. Be careful what you wish for.

[Pilot1]

Originally Posted by 1ondoner

This was in response to the OP who said we are a republic and not a democracy. Most people who like to shout that we are a republic, don't realize that the two are not mutually exclusive.


We are a democratic republic. And so is North Korea - Democratic People's Republic of Korea (abbreviated DPRK)

Wasn't East Germany also a Democratic Republic? LOL! Deutsche Demokratische Republik (DDR)

We're already a bunch of Commies! Yay!

Democratic Republic of the Union of Collective States - DRUSC