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Boston faces bankruptcy risk amid Boston’s tax burden and debt
Boston faces a potential bankruptcy as a high property tax load and rising costs strain finances. Officials warn a new tax structure and outside help from suburbs are needed, with a 15 million dollar deficit this year and strong pressure from bankers and city agencies.
MENTIONED IN THIS ARTICLE
Boston
New York City
Richard Hill
First National Bank of Boston
John Delaney
Boston Municipal Research Bureau
New York
Detroit
Newark
St. Louis
University of Chicago
Hill
Kevin White
White
Massachusetts Taxpayers Foundation