Property taxes are a potentially attractive way to finance municipal government, but property taxes typically provide less than 20 percent of municipal revenues. Procedural, policy, and institutional reform can be achieved only in the context of the wider restructuring of local finance - because property tax carries a heavy political price.
Property taxes are a potentially attractive way to finance municipal government, but property taxes typically provide less than 20 percent of municipal revenues. Procedural, policy, and institutional reform can be achieved only in the context of the wider restructuring of local finance - because ...