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Mason Gaffney’s Testimony to the President’s Commission on Urban Problems

The higher tax rate in cities drives investors elsewhere, both home builders and industry, because whoever puts un a new building under this state of affairs tends to become a fiscal surplus generator, and no one really wants to be that: it means you pay more in taxes than you get back in services.
Since there are many competing jurisdictions, . . . → Read More: Mason Gaffney’s Testimony to the President’s Commission on Urban Problems