Distributional impacts of the property tax revolt
Purchase Print Copy
|Add to Cart||Paperback28 pages||$20.00||$16.00 20% Web Discount|
Tax limitation laws enacted in the late 1970s in California and New Jersey changed the mix of state and local taxes levied in the two states. This study estimates the distributional consequences of that change for residents of four cities in each state, using an allocation methodology incorporating an extension of the "new view" of property tax incidence. The methodology allows the authors to treat local property tax rates as deviations from a national average rate, and thus to distinguish changes in tax burdens that are subject to state and local control from changes due to national trends in property taxes. The results indicate that state and local taxes combined have moved in the direction of increased progressivity, a movement that has been masked to some extent by the effects of a declining national average property tax rate. The results were weaker for the New Jersey cities than for the California ones.
This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.