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by sc68cal 4847 days ago
Philadelphia City Paper's Isaiah Thompson has been covering it for quite some time.

A quick summary:

The Nutter administration is asking the city's legislative body to pass its Actual Value Initiative (AVI), which would base property taxes on a city-wide reassessment that is supposed to fix years of screwy property values across the city. Many residents would wind up with a lower property tax bill, but many – including longtime residents of more affluent neighborhoods – will pay more, in some cases much more.

http://www.citypaper.net/blogs/nakedcity/Behind-the-curtains...

http://www.citypaper.net/blogs/nakedcity?search=y&search...