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A Tax Tool for Meeting Urban Fiscal Crisis

MOST OF OUR CENTRAL CITIES, as is now well known, are threatened by a vicious circle which is related to property taxation.
As buildings become older, they tend to become fiscal deficits requiring more in cost than they return in taxes. As the central cities age, the buildings become old and fiscal-deficit generators. This requires the central city to increase its . . . → Read More: A Tax Tool for Meeting Urban Fiscal Crisis