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发帖数: 6339 | 1 The economic recession that began in 2007 exposed and aggravated a
government fiscal crisis that had been brewing for many years at the
national, state, and municipal levels of the U.S. Slow or negative economic
growth, falling housing values, and rising government spending came together
to make it impossible to hide the extent to which governments are borrowing
to pay for current operations and shortchanging their workers’ pension
funds.
Municipalities and other taxing districts in Cook County are raising taxes
faster and falling much deeper in debt than is widely understood.While many
studies have analyzed the current debt level of the federal government and
to a lesser extent that of state governments, less attention has been paid
to how this is playing out at the county and municipal levels
......
http://heartland.org/policy-documents/property-tax-levies-cook- |
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