The city suffers from zooming public pensions and a shrinking tax base.\u00a0 Their solution – in true Greek, California, or Flint Michigan style -is to jack up taxes on those that are remaining and have property to tax.<\/p>\n
Minneapolis is now considered the second-most dangerous city in the U.S. when it comes to falling property values. Meanwhile, the city\u2019s unemployment rate has increased to 6.7 percent from the month of May\u2019s level of 6.1 percent. I think a Minneapolis home-owner named Sean offered the best solution: \u201cIt\u2019s time to cut the budget.\u201d<\/p><\/blockquote>\n
Read the whole thing.<\/p>\n","protected":false},"excerpt":{"rendered":"
Minneapolis – aka “The Greece of the Midwest”, “A Cold California”, or “A Less Toxic New Jersey” – is stuck in a vortext of public pensions, higher taxes, and shrinking tax base. Katie Kieffer attended the city’s annual tax meeting (held with about two days’ notice to the city’s, er, taxpayers) and found that the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-16316","post","type-post","status-publish","format-standard","hentry","category-minneapolis"],"_links":{"self":[{"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/16316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16316"}],"version-history":[{"count":2,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/16316\/revisions"}],"predecessor-version":[{"id":16318,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/16316\/revisions\/16318"}],"wp:attachment":[{"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}