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by duped 1288 days ago
Not GP but locally there are a few exurbs that have serious budget problems because they overbuilt infrastructure and don't have the tax base to fully maintain it which creates a feedback loop of poorly maintained roads, water systems, parks, etc.

Some of it had to do with the murder of brick and mortar retail in tightly packed downtowns in favor of the big box stores on the edge of town. That creates an enormous waste in municipal resources, doubly so if the store got property/sales tax subsidies.

This is less of an issue in the denser near suburbs where populations and revenues have been consistently rising the last few years.

1 comments

> doubly so if the store got property/sales tax subsidies.

Walmart is particularly good at this. Search for Walmart property tax lawsuit and you'll find hundreds of examples of Walmart filing lawsuits to get their property taxes lowered. The latest ploy for these big retailers is to push to have their property taxes valued as if the store was empty and shut down and had no inventory.

https://www.bloomberg.com/news/articles/2018-11-14/to-cut-ta...