Carmichael is betting that taxes will help the city improve services, including its schools, while also raising its economy. On Wednesday, April 25, he'll participate in a Philadelphia Inquirer tax panel featuring a host of state-and-local tax experts from Ballard Spahr, Ernst & Young, Deloitte and Moody's.
Gupta, chairman of Aptiv PLC and chairman of Avantor Inc, and his wife Kamla invested $2.5 million to create an institute that will bear their name, while the Haas family matched their gift, bringing the total donation to $5 million.
"If Philadelphia grew at the national average growth rate, we could generate 90,000 jobs over 10 years," or nearly double what Amazon is promising, Sweeney told the Greater Philadelphia Chamber of Commerce.
Erin Arvedlund writes a weekly column for the Inquirer on investing and personal finance. Her first book was Too Good to Be True: The Rise and Fall of Bernie Madoff (Penguin).