Wharton Alumni Magazine
Winter 2008
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Betting on the Future

Philadelphia’s New Mayor

Providing Answers

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Alumni Association Update

Wharton Leaders

Leadership Spotlight

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“That sort of humanized Michael,” Oxman said. “The only thing people really knew about him was his comments from City Council. He wasn’t well known. He’d never run citywide. He had a particular problem with African American women voters. And when we put that ad on, his polls shot up.”

Nutter’s personal touch also helped. Limited by campaign finance rules he’d helped craft, Nutter raised his money the old-fashioned way.

“He would spend six hours a day on the telephone doing it and that made the biggest difference,” Stalberg said. “He touched a lot of people individually. After they give money, they’re more likely to vote for him. They’re also impressed by his work ethic, and it takes a lot of work ethic to ask for $50, $100 at a time.”

On the night he won the May primary, Nutter stood with his wife and daughter by his side and addressed a packed ballroom of supporters at a downtown hotel. He put his achievement modestly.

“We had a really decent couple of weeks,” he said. “We had a really good day.”

A Cheerleader for the City

Now Nutter the councilman must become Nutter the mayor. He’ll go from running a council office to running a city.

“It’s a different mind set,” Kenney said. “He’s going to have to allow people around him to deal with problems and challenges. He has to avoid the temptation of all intelligent people to micromanage. A big part of the mayor’s job is being a cheerleader.”

Economic leaders like Joseph Zuritsky, CEO of the Philadelphia-based Parkway Corporation, hopes that cheer- leading will bring new jobs to the city.

“He’s a good representative of the city of Philadelphia,” Zuritsky said. “A new mayor will improve public relations and I think we’re going to see a resurgence of people wanting to do business here.”

Nutter knows business: He served as Chairman of the Pennsylvania Convention Center Board from February 2003 to April 2007, leaving the unpaid position to focus on his mayoral campaign. While there, he helped craft a pivotal labor-management agreement and spearheaded the Center’s $700 million expansion.

In addition, Nutter said he wants to eliminate the gross receipts portion of the business privilege tax over time and reduce the net income portion. He also wants to see a reduction in the city’s wage tax, which affects not only residents but people who work in the city and live in the suburbs. The combined business tax burdens currently mean it costs more to do business in Philadelphia than in six other major cities, including Boston, Los Angeles and Washington, according to a 2006 study done by the Philadelphia Business Journal. Only New York places a higher burden on its businesses.

“Michael recognizes that the city can’t take care of its services unless there is a growing job base and the attraction of new businesses to the city,” Zuritsky said. “His attempts to reduce the business privilege tax and wage tax will have an excellent impact on attracting and holding existing jobs.”

The only danger, Zuritsky said, is that people may expect too much.

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