Tax Crunch

Markley, Rick
February 2008
Fire Chief;Feb2008, Vol. 52 Issue 2, p104
Trade Publication
An interview with Mark McMullen, senior economist from Moody's Economy.Com, is presented. When asked about how the economic crisis in the U.S. affects cities and towns, he responds that the drop of sales rate and income tax will put pressure on states and localities. He believes that the current recession is less severe compared to the previous crisis. He suggests that fire department chiefs should conduct hiring and capital projects because state budgets for the year are in good condition.


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