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Survey: Honeymoon With Mayor Isn't Over

PHILADELPHIA, PA-Mayor Michael Nutter has earned top marks for his business practices in the past five months.

By Casey Freeman | Updated on June 02, 2008

PHILADELPHIA, PA-After five months business leaders are very positive in their outlook of Mayor Michael Nutter. The accounting firm KPMG LLP surveyed 106 executives and 88% said Nutter’s impact on the business climate was “very positive to somewhat positive.” Only 11% said he’d have no impact and only one percent said the mayor would be bad for business.

“We’re going through a honeymoon phase, but in short we’ve seen a guy in Mayor Nutter, who has jumped in and doing what he said he’d do. He’s leading, he’s very proactive, he’s decisive when he needs to be,” Robert Walters, executive managing director at CB Richard Ellis tells GlobeSt.com. “It’s not rhetoric or the media. He’s earning his high marks. It’s really been a positive and refreshing five months for the mayor.”

Nutter was sworn in this January. Since then, he has proposed disposing of the gross receipts portion of the business privilege tax within eight years, and he has also worked on reducing the net income portion of the business privilege tax. Nutter is a former investment manager who took pro-business stances on the Philadelphia City Council, where he argued for cuts in wage and business privilege taxes. He also changed the way city contracts worked by rallying against the “pay to play” culture.

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