The outlook for the metropolitan area
Dick Netzer
Economic Policy Review, 1997, vol. 3, issue Feb, 93-111
Abstract:
The author assesses the region's future and identifies policies that might improve the local outlook. He acknowledges that substantial cuts in the local tax burden could increase growth but doubts whether local governments could afford such widespread reductions. Instead, he argues, it would be more beneficial for authorities to seek ways to lower the cost of doing business in the region, possibly by reducing taxes levied on intermediate goods and services purchased by businesses.
Keywords: Federal Reserve District, 2nd; New York (N.Y.) (search for similar items in EconPapers)
Date: 1997
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