Word: stabilizingeffect
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Crane attacked the view that Harvard and M.I.T, with their large areas of tax-exempt property, are an economic burden to taxpayers. He said that on the contrary the Universities have "a stabilizingeffect" on the city's tax rate, and, comparing Cambridge's taxes to those in neighboring cities, attributed the relatively low rate here to the presence of the institutions...
| 1 |