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Property Taxes and Tax Revolts: The Legacy of Proposition 13

Hardback

Main Details

Title Property Taxes and Tax Revolts: The Legacy of Proposition 13
Authors and Contributors      By (author) Arthur O'Sullivan
By (author) Terri A. Sexton
By (author) Steven M. Sheffrin
Physical Properties
Format:Hardback
Pages:172
Dimensions(mm): Height 237,Width 156
Category/GenreMicroeconomics
Taxation
ISBN/Barcode 9780521461597
ClassificationsDewey:336.2209794
Audience
Professional & Vocational
Illustrations 37 Tables, unspecified; 16 Line drawings, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 27 January 1995
Publication Country United Kingdom

Description

Property tax revolts have occurred both in the United States and abroad. This book examines the causes and consequences of property tax revolts, focusing on California's experience with Proposition 13. New theoretical approaches and evidence from a comprehensive empirical study are used to highlight the equity and efficiency of property tax systems. Since property taxes are local government's main revenue source, the book includes a comparative study of the evolution of local government following property tax limitations in several states. Finally, the book considers alternatives for reform and lessons to avoid future revolts.

Reviews

"The book...makes an interesting contribution to public finance." Journal of Economic Literature "...worthy of close attention from public finance economists and policy analysts interested in the fiscal situations facing state and local governments...the quality of research is very high, the appropriate policy issues are targeted, and the exposition is excellent." Charles Leathers, Journal of Economic Issues