Not exact matches
Following the 2008 financial crash, the need to find
additional public resources to reduce or obviate the need for
painful spending
cuts and fund growing long - term demand for public services makes wealth an attractive potential tax base.
Even with $ 200 million in
additional state funding this year and another $ 200 million in «
painful»
cuts, Chicago Public Schools began the academic year projecting an operating deficit of more than $ 1 billion.