|"Earn it here, keep it here."|
His "liberal" (so he says) position is that the municipality where you work should be allowed to keep your EIT. That's why Allentown's NIZ tax grab is no biggie. It's an "earn it here, keep it here" approach to EIT, to borrow the phrase of this beacon of light from the Big Apple.
It's very progressive, he claims.
OK, let's have it Geeting's way.
Guess what? LV Hospital Center, the area's biggest employer, happens to be located in Salisbury Township. Under the Geeting grab, Salisbury will keep all EIT on wages at LVHC. A nice little windfall, to be sure.
It gets better. St. Luke's, the Lehigh Valley's second biggest employer, would send all its EIT to Fountain Hill. That tiny borough would never have to worry again about blowing its road salt budget.
And so on down the line. The Guardian Life Insurance Co., T-Mobile, Amazon, Northampton Community College and Lehigh Carbon Community College - all of them top Lehigh Valley employers - are located in the 'burbs.
With all this Geeting dough, Salisbury and other Townships could lower their EIT. They might even be able to eliminate property taxes. This, of course, would attract even more businesses to the 'burbs, right? Voila!
You think their public schools are Taj Mahals now? What kids are left could probably be taken to school by limo.
Of course, most of the townships have lots of available land, just waiting to be be developed. If they got to keep every nickel of the EIT, they'd go after businesses with a passion. They'd also make less land available for residential (since those residents working elsewhere would not be a source of EIT). They'd happily encourage folk to work in their township, but live somewhere else.
Geeting would then have his dense, urban centers - full of residents. But they'd be devoid of employers, except for the occasional "delicious " Latino food vendor! He'd also have the townships full of employers, but with fewer residents. Before long, all the jobs would be in the outlying townships; the homes in the cities. Allentown would be a ghost town during the day, except for the occasional drive by shooting.
Oh, and what to do with pensioners? Put 'em all on an iceberg.
There's Geeting's urban dream, reduced to its logical conclusion.
Very "progressive," don't you think?
What Geeting is really saying is you earn it here (in the City), we keep it. You earn it there (the 'burbs), we keep it.