Friday, August 2, 2013
More Like Hurricane Coleman
The forces that laid Detroit low were hardly beyond human control. The rulers of that city, for example, (according to the Lincoln Institute of Land Policy)
have imposed on Detroiters the highest effective rates of property
taxation among America’s 50 largest municipalities. Property-tax rates
there run about double the U.S. average – a fact that, by itself, goes
far toward explaining why so much of Detroit’s landmass now lies
abandoned and decrepit.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment