I have always thought that a geo-based adjustment to income levels for tax purposes (not unlike the per-diem factors used for government travel) should be applied to income tax as well.

In contrast, the current disaster is more or less "business as usual", i.e. some cyclical adjustment, yes, but no new employment reality and added downshift to lifetime income expectations.

Finance of small towns is faced with the difficulty of small income scale, compressed expense, heavy burden of debt, poor ability to pay back and little room of adjustment.