Comment

摘要

These famous words, said in desperate times during WWII, provide useful perspective for addressing fiscal challenges in American cities today. In their Lead Paper, Chapman and Gorina provide a useful primer on the more than 50-year evolution of TIF in jurisdictions across the US. Understanding the effects of TIF on politics and real estate markets is critical in defining the appropriate role of local government in economic development. This is especially true in times of fiscal distress. Equally important, but often ignored, is an understanding of the relationship between effective city planning and TIF as a tool for implementation.