How a Progressive Tax System Made Detroit a Powerhouse (and Could Again)
Posted Date: October 27, 2015 | Publication Date: October 12 2015 | Published by: Mason Gaffney
In 1995, we encountered a group of economic advisors to Governor John Engler of Michigan, intent on cutting property taxes. We reminded them of California’s 1979 Proposition 13. After Prop. 13 rolled back and froze property taxes, sales taxes reached crushing levels, budget crises became routine, local services collapsed, and public schools fell from the best in the nation to among the worst. But Engler was determined….