Download e-book for iPad: City Taxes, City Spending: Essays in Honor of Dick Netzer by Amy Ellen Schwartz

By Amy Ellen Schwartz

ISBN-10: 1843763818

ISBN-13: 9781843763819

ISBN-10: 1845421639

ISBN-13: 9781845421632

An illustrious team of economists give a contribution to this quantity honoring Dick Netzer, the general public finance economist famous for his examine on nation and native taxation, the supply of city public providers, and non-profit corporations. Following in his culture, the participants observe microeconomics to actual global difficulties dealing with city parts and use statistical research to achieve perception into functional recommendations. the 1st 4 chapters of the publication supply in-depth explorations of other equipment of financing city govt comparable to: the relative advantages of source of revenue and estate taxation on the neighborhood point, the effect of revenues and source of revenue taxation on estate taxation, and the feasibility of adopting a land price tax. the subsequent chapters specialise in executive costs: the effect of sponsored housing funding on estate values, and the theoretical and old factors for public possession and direct provision of public providers. the ultimate chapters of the publication flip their consciousness to the non-profit region, exploring subsidies to non-profit arts firms and the function of the non-profit zone in supplying K-12 schooling, particularly addressing the consequences for segregation and fairness. accomplished and interesting, pros and students within the fields of public finance, city economics and public management will locate this selection of nice curiosity.

Show description

Read or Download City Taxes, City Spending: Essays in Honor of Dick Netzer PDF

Similar public finance books

Download e-book for kindle: Stochastic Calculus for Finance 1 by Steven Shreve

This booklet advanced from the 1st ten years of the Carnegie Mellon expert Master's software in Computational Finance. The contents of the ebook were used effectively with scholars whose arithmetic historical past involves calculus and calculus-based chance. The textual content offers either exact statements of effects, plausibility arguments, or even a few proofs.

Get Corporate Taxation in a Dynamic World PDF

This ebook analyzes the commercial ideas of contemporary company taxation. With recognize to the present items it represents a novelty in not less than respects. firstly, it analyzes not just the consequences of taxation on enterprises' marginal offerings, but additionally specializes in the impression of taxation on discrete offerings, reminiscent of plant place, R and D funding, and new advertising courses.

Download e-book for kindle: Equity and Efficiency Considerations of Public Higher by Salvatore Barbaro

It has develop into a part of the normal knowledge within the economics of schooling that subsidies to better schooling have a regressive distributional impact. provided that really extra youngsters from wealthier households sign up for greater schooling, many economist suppose that those subsidies to raised schooling have an undesirable distributional influence.

Download PDF by Joseph Fried: How Social Security Picks Your Pocket: A Story of Waste,

3 proposals for private Retirement money owed have been placed forth by way of the Committee to reinforce Social safety, appointed through President Bush. This publication presents an in depth and candid overview of these proposals - differentiating the great from the undesirable. furthermore, How Social safety alternatives Your Pocket exposes how Social safety is applied - who wins, who loses, and the way the sport is performed; and gives feedback for advancements to the process.

Additional resources for City Taxes, City Spending: Essays in Honor of Dick Netzer

Sample text

Thus, over the next couple of decades, political pressure may well grow to replace at least partially the property tax with the income tax. Although Oates and Schwab clearly recognize the vast differences that exist among local governments in the United States, most of their study is a general discussion of the impact of the property tax and the income tax on local governments. In light of Dick Netzer’s sustained interest in the fiscal problems of cities and his many contributions to the literature on urban public finance, it is instructive to ask whether the income tax or the property tax have particular advantages and disadvantages in urban areas, and in particular, in central cities.

The authors’ home state of Maryland is, interestingly, one of the few in which local governments, counties in this instance, place a significant reliance on local income taxation. The local component of the tax is simply a percentage ‘add-on’ to the state tax liability with an upper rate limit. Most Maryland counties are at this limit, which essentially converts the tax into a lump-sum source of local revenues. Fiscal decisions at the margin involve rates on the property tax (although there are some county limitations here too).

As part of their concluding remarks, however, the authors suggest that the fact that individuals’ state and local income tax payments would be lumped together in a single payment would make it difficult for them to recognize the magnitude of their local tax payment. This lack of local tax visibility would tend to obscure the relationship between local taxes and local spending, and might result in a reduction in local government accountability to local taxpayers. They argue that the visibility problem associated with a local income tax is not an issue with the property tax, where there exists a real separation of sources since local governments are the only level of government that taxes real property.

Download PDF sample

City Taxes, City Spending: Essays in Honor of Dick Netzer by Amy Ellen Schwartz


by David
4.4

Rated 4.67 of 5 – based on 28 votes