Only three major U.S. cities see economic recovery: study

Comments (4)
morbas wrote:

Harrisburg joining other municipality city’s filing for bankruptcy. Solve Federal, State and Municipality indebtedness as an united country should.
Nationalized Income Tax margin-ed above poverty. This would eliminate all other forms of taxation, the offending transaction taxation included. Want to retire the budget deficit use three surtax levels: 0-20K money 0 tax, 20k-200K money 30% tax, 200K-up money 90% tax. Couples freely share income. The present 2012 income tax rate is less for under 250K income level, is close to 90% at $10M. Compare this to 1960′s top rate of 91.5% at $400K, not so radical is it. Look at this, revenue $8Trillion enough to pay for USA Federal+State+Municipality lumped together. I would say, finding our way as Christians to not tax the poorest provides economic relief.

Nov 30, 2012 8:09am EST  --  Report as abuse
totherepublic wrote:

Five states in the US have been considered on a a downward spiral to bankruptcy: CA, NM, NY, IL, OH-that is 127 electoral votes. What does that have to say bout the people that elected obama? Now we see what obama REALLY wants us to bail out and the direction the coutry is headed.

Nov 30, 2012 10:51am EST  --  Report as abuse
carlo151 wrote:

totherepublic… CA may have a suplus in 2 years… NY is certainly not going bankrupt, though the hurricane was a big item not on the budget.

Nov 30, 2012 2:37pm EST  --  Report as abuse
OnslowWest wrote:

Knoxville, Tennessee, is a “major U.S. city”?

Dec 03, 2012 10:16am EST  --  Report as abuse
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