Are the Property Cuts Proposed by Baltimore’s Mayoral Candidates Economically Feasible?

Baltimore City’s Mayoral candidates are proposing cuts in property taxes that run the gamut, from slow and steady to huge, immediate reductions. Can the city, which is already cash strapped, afford major cuts in an effort to attract new homeowners and investment? Can it afford not to? Economist Morris Segall discusses the kind of approach he belives is most economically sensible in a recent WBAL-TV interview:  http://www.wbaltv.com/video/28619023/detail.html

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Jul
24


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