On the recordSeptember 9, 1996
Very much so. It is kind of a catch-22. Every time the city says they need more programs to encourage people to stay, they have to somehow have the revenues, so they raise taxes. And every time they raise taxes, they have an ever-increasing burden, not only on the people, but the businesses that support them. Once the businesses leave, it leaves a vacuum for crime and other problems. It is a catch-22. The Government says they will put more money into it, so they have to raise taxes and generate more revenue. And it compounds the problem, as the Cato Institute said. The Government is a consequence, not just a contributing factor, but a consequence of this problem.
Source
govinfo.gov
