Public Financing of Community Services

Everett E. Peterson

Journal of Agricultural and Applied Economics, 1972, vol. 4, issue 1, 29-34

Abstract: “Governors predict bankruptcy for their states in the immediate future if additional funds are not forthcoming. Mayors forecast a total collapse of city services unless they receive additional revenues from the state and Federal governments. Taxpayers are faced with increased rates of existing taxes or the imposition of new taxes. Indeed, the nation's Federal system of government appears to be in fiscal jeopardy.”-New England Letter, First National Bank of Boston, June, 1971.

Date: 1972
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