The lesson from LA’s decaying infrastructure is that tax rates are too low
The front page of today’s New York Times tells the sad story of Los Angeles’ crumbling infrastructure. Roadways, sidewalks and water pipes are in a state of decay thanks to several decades of tight municipal budgets. Close to 40% of LA’s roads are graded D or F. The average age of a city water pipe […]
Read More… from The lesson from LA’s decaying infrastructure is that tax rates are too low