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corrente nonsense notwithstanding, we are borrowing from limited savings AND having a max tax increase allowed by state law with expected similar difficulties next year. the one year trick wont change the fundamentals that will take decades of higher and higher tax rates to dig out from. and the consequences could by damaging home values, and making warwick less attractive to retail (which is number one a huge part of our tax base, and also under its own threat from online retail).

oh and this is during a hot economy, just wait until the recession comes and that reduces tax revenue too.

not trying to be pessimistic just realistic.

From: Big financial squeeze

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