Quote:
Originally Posted by HockeyIlliterate
Are you disputing that Detroit continually increased taxes on a continually decreasing population and tax base?
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No, he's trying to highlight that there were circumstances that were broad and at a more marco level that better explains the exodus from Detroit than simply it's taxation policies.
If oil punges to $10/bbl and Fort MacMurray turns into something resembling Detroit are you going to grandstand that the reason why is city council's decisions?
People leaving = lower revenue to fund fixed costs of providing services to territory. Detroit could have left taxes alone or even cut them and bled to death in that scenario too. Not all decisions in life or even in business are made based on one element of marginal cost.