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13 May, 00:08

How do Federal and state laws limit the ability of local government to raise revenue

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  1. 13 May, 00:13
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    Tax and expenditure limits (TELs) restrict the growth of government revenues or spending by either capping them at fixed dollar amount or limiting their growth rate to match increases in population, inflation, personal income, or some combination of those factors. As of 2015, 28 states had at least one TEL.
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