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"Without exponentially increasing the amount of revenue the city can create, and even with maximum tax increases every year – which we can think of no faster way to drive people away, which only extenuates the problem – the balloon can only get so big before it pops.

So far, the city has not released a comprehensive assessment of where these obligations will lead in five or 10 years down the road..."

Well that pretty much says it all, doesnt it? Here's a thought, after a few "max tax hikes" and people find Warwick less desirable, and it gets harder to sell homes, which leads to price drops, property values will drop. That could actually collapse tax revenue... just when the expense line passes the revenue line. And... we're also due for a recession!

I hope Joe Solomon is really really smart and creative!