Monday, August 15, 2005

Detroit - Taxed and regulated to ruin. A cautionary tale.

The fine people of the Mackinac Center for Public Policy referred me to these two articles on how taxes and onerous regulation has helped turn Detroit into the utopia that it is today.

The first one is a study on the regulatory regime of Detroit and how it affects small and home based businesses, by Dana Berliner of the Institute of Justice.

The second one is a Mackinac research paper on the affects of taxes on economic prosperity of Michigan local governments.

If one wants to see how to drive a city into the dump - raise taxes and put up tons of red tape! That's a good start - you'll see David Miller in Toronto getting the idea!

1 comment:

Hershblogger said...

See related:
http://otherclub.blogspot.com/2005/08/emigration-issues.html

12,000 abandoned houses in Detroit.