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Fundamental imbalance between the fiscal needs

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Reference no: EM131089171

It has often been argued that there is a fundamental imbalance between the fiscal needs of local governments and the main tax instrument (the property tax) available to them to meet those needs.

Write an essay explaining this argument and the dilemma it presents to local governments as they try to meet the needs of their communities over time.

Reference no: EM131089171

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