Word: lindsays
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Dates: during 1960-1969
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Another even more important reason why Mayor Lindsay would not locally raise sufficient revenue to finance his programs goes back to the central theme of conflict between economically optimal and socially desirable policies...
Nearly all of the regressively in the local tax bundle is explained by property taxes, the largest single source of income for the City, For a mayor as concerned with questions of equity as Lindsay is, raising local revenue is a "damned if you do-damned if you don't" proposition...
...Mayor can't increase property tax rates knowing that the burden falls on the poor, and he can't significantly increase the property tax base knowing that it means dislocation and increased segregation. A pluralistic city is not necessarily an economically efficient one, but many will agree with John Lindsay that the price of this efficiency is worth paying...
That the cities cannot by themselves afford the price of a viable urban community has been a recurrent theme in the Lindsay camp, both in the primary last June and in the campaign leading to Lindsay's election...
...primary policy speech, Fioravante Perrotta, Lindsay's unsuccessful running mate for Controller, put it this way: "Let me begin by stating one principle all three of us share. The solution to the fiscal crisis of our cities cannot be found within the cities themselves.... There must be real help from the Federal government." Left unstated, but taken for granted, was that State help would also be needed...