Restraining the Leviathan: Property Tax Limitation in Massachusetts
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Proposition 2.5, a ballot initiative approved by Massachusetts voters in 1980 sharply reduced local property taxes and restricted their future growth. We examine the effects of Proposition 2.5 on municipal finances and assess voter satisfaction with these effects. We find that Proposition 2.5 had a
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美国国家经济研究局创建时间：
1997-09-01
