Schools and City Governments Rely on Property Taxes. What Happens When Homeowners Revolt?
Reforms intended to achieve other goals may end up addressing a long-standing problem.
Today's Liberal News
David Schleicher
Schools and City Governments Rely on Property Taxes. What Happens When Homeowners Revolt?
Reforms intended to achieve other goals may end up addressing a long-standing problem.
The Era of Flush State Budgets Is Over
As part of the deal to extend the debt limit, President Joe Biden and Congress agreed to rescind about $30 billion that had originally been allocated in 2021’s American Rescue Plan, some of which was going to be sent to state and local governments for a variety of projects. The amount isn’t that large, at least by federal-budget standards, but it is indicative of a huge change in policy.