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Since the mid '70 there has been a ...

Since the mid '70 there has been a progressive decline in the public's support for and trust of public finance and services, vividly demonstrated by the agency of various taxpayer revolts and initiatives curtailing dominion expenditures and revenue resources. The best example is Califonia's brace 13, a property tax restriction whose far-reaching meanings have been dramatically exhibited in the past several years.

In addition, initiatives were passed mandating specific of the same heights of expenditures for education, in like manner local governments often face a Catch-22 situation; restricted rewards and mandated expenditures.

At the same time public support for services, as well as infrastructure and public works improvements and the coin spent on infrastructure have declined, the decay of the nation's infrastructure has become obvious flat to the casual observer.

What can be done in this precarious situation to help restore taxpayers' faith in public finance? A major first degree to consider would ...


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