Can we lower Detroit's high property tax rates and not gut services? Here's how we might do it.
Could we lower the city of Detroit's property tax rates - they are among the highest in the nation - while not gutting services?
This would be a benefit for long-time Detroit residents who face very high property tax burdens and might be a longer term fix than the one-time forgiveness provided through a charitable program from Dan Gilbert's foundation.
Also, it could stimulate more individual investment to make the city make more fiscal sense and help attract back the middle class, which Detroit has mostly lost. It's also something that wouldn't go first to billionaire and millionaire…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.