(Local governments) still have to pay for those services....

(Local governments) still have to pay for those services. Gas prices still go up, teachers' salaries still go up, pensions still go up, ... You can have the growth in the underlying value of property taxes exploding even though there is this so-called 30 percent reduction.

Jon Corzine Quote About Exploding, Gas, Growth, Pay, Pensions: Local Governments Still Have To...

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