Can't Tax Your Way out of Debt - Baltimore MD

Well they've always said "we'll become Greece" and Baltimore Maryland is proving that. Years of liberal progressive Democratic policies in this fallen City have now finally brought it to the brink of bankruptcy  The City finds itself down to around 612,000 citizens, from its peak of nearly 1 million, and has the highest tax rates in the State; yet a 2.2B debt.

For years Baltimore Maryland has heightened taxes on nearly anything it could, in fact, it would require a waiver from the State to raise them any higher. There are also 16,000 vacant homes, Baltimore is a miniature Detroit. Nearly 1/4 of the Citizens of this City live in poverty, amazing considering the City has been Democratic since the dawn of time. Now Baltimore finds that health care policies and pensions will need to be reconsidered yet again.

Baltimore ranks 9th overall in murders in the United States, ahead of Boston, Chicago, Detroit, Long Beach, Miami, New York, Oakland, Philadelphia.....and so on. Truly amazing and making it the only City from Maryland to even rank.

This is suppose to be a bastion of Democratic rule, Democratic City and State, yet so much despair..why? Because they believe that taxing your way out of problems works, and simply put, it doesn't. Maybe America should take note.

Baltimore, Charm City....at least you won the Superbowl, right?

http://en.wikipedia.org/wiki/United_States_cities_by_crime_rate

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