Archive Report
Archive Report
Causes of Increased Governmental Expenditures
Growth and Movement of Population
As 1930 draws toward a close, states and cities whose fiscal year coincides with the calendar year are estimating their budget needs for 1931. And the prospect almost everywhere is for a continued increase of expenditures, with corresponding increases in the burden of taxation. It is reported that New York City's 1931 budget will exceed $600,000,000, which is 30 million dollars more than the 1930 figure. In Illinois the legislature in special session has passed a series of bills to relieve the financial distress of Chicago and Cook County, including one authorizing a referendum at the November election on the adoption of a state income tax. In Philadelphia the question is “not so much whether there ...