Matches in SemOpenAlex for { <https://semopenalex.org/work/W1520995079> ?p ?o ?g. }
Showing items 1 to 63 of
63
with 100 items per page.
- W1520995079 abstract "This paper examines how communities will behave if they are given the option of taxing the property of commercial establishments (factories, shopping centers, office buildings, etc) at different rates from residential housing. In the last 2 decades many states have enacted legislation which allows communities to discriminate in this manner – called “classification”. We build a simple model wherein firms provide tax revenue without using local services and also create a valuable local job base. Towns thus confront a well defined choice: raise commercial taxes and gain revenue but risk loosing jobs. Firms in turn need to choose a community to locate in but do so with a (finite) negative elasticity with respect to the town taxes. The model yields two schedules between commercial tax rates and firm concentration in a community. A “demand” schedule has greater firm concentration leading a town to select higher commercial taxes, while a “supply” schedule has higher taxes leading to less firm concentration. The model comparative statics suggest that smaller and wealthier communities will encourage firms by keeping taxes low and rely less on their tax subsidy. Empirically we create a panel of towns in Massachusetts that covers the years prior to and after the state allowed such tax discrimination. With this data we find that towns with more pre-existing commerce chose to discriminate most, that such higher taxes gradually do discourage firm location, and that smaller and wealthier towns tend not to engage in tax discrimination." @default.
- W1520995079 created "2016-06-24" @default.
- W1520995079 creator A5038176417 @default.
- W1520995079 creator A5054375808 @default.
- W1520995079 date "2010-01-01" @default.
- W1520995079 modified "2023-09-25" @default.
- W1520995079 title "Property Taxes Under 'Classification:' Why Do Firms Pay More?" @default.
- W1520995079 cites W119907465 @default.
- W1520995079 cites W1534462187 @default.
- W1520995079 cites W1541304901 @default.
- W1520995079 cites W1985105848 @default.
- W1520995079 cites W1990250689 @default.
- W1520995079 cites W2001222366 @default.
- W1520995079 cites W2024089049 @default.
- W1520995079 cites W2033885911 @default.
- W1520995079 cites W2041872590 @default.
- W1520995079 cites W2047900105 @default.
- W1520995079 cites W2068152698 @default.
- W1520995079 cites W2071273289 @default.
- W1520995079 cites W2078455243 @default.
- W1520995079 cites W2092532477 @default.
- W1520995079 cites W2134246329 @default.
- W1520995079 cites W2152963502 @default.
- W1520995079 cites W3136580661 @default.
- W1520995079 cites W47151327 @default.
- W1520995079 doi "https://doi.org/10.2139/ssrn.1668701" @default.
- W1520995079 hasPublicationYear "2010" @default.
- W1520995079 type Work @default.
- W1520995079 sameAs 1520995079 @default.
- W1520995079 citedByCount "5" @default.
- W1520995079 countsByYear W15209950792012 @default.
- W1520995079 countsByYear W15209950792014 @default.
- W1520995079 countsByYear W15209950792020 @default.
- W1520995079 crossrefType "journal-article" @default.
- W1520995079 hasAuthorship W1520995079A5038176417 @default.
- W1520995079 hasAuthorship W1520995079A5054375808 @default.
- W1520995079 hasConcept C111472728 @default.
- W1520995079 hasConcept C138885662 @default.
- W1520995079 hasConcept C144133560 @default.
- W1520995079 hasConcept C162324750 @default.
- W1520995079 hasConcept C189950617 @default.
- W1520995079 hasConceptScore W1520995079C111472728 @default.
- W1520995079 hasConceptScore W1520995079C138885662 @default.
- W1520995079 hasConceptScore W1520995079C144133560 @default.
- W1520995079 hasConceptScore W1520995079C162324750 @default.
- W1520995079 hasConceptScore W1520995079C189950617 @default.
- W1520995079 hasLocation W15209950791 @default.
- W1520995079 hasOpenAccess W1520995079 @default.
- W1520995079 hasPrimaryLocation W15209950791 @default.
- W1520995079 hasRelatedWork W1502198272 @default.
- W1520995079 hasRelatedWork W1998718379 @default.
- W1520995079 hasRelatedWork W2017540542 @default.
- W1520995079 hasRelatedWork W2053227267 @default.
- W1520995079 hasRelatedWork W2054677056 @default.
- W1520995079 hasRelatedWork W2073254488 @default.
- W1520995079 hasRelatedWork W2379474214 @default.
- W1520995079 hasRelatedWork W2393115166 @default.
- W1520995079 hasRelatedWork W2582753012 @default.
- W1520995079 hasRelatedWork W2899084033 @default.
- W1520995079 isParatext "false" @default.
- W1520995079 isRetracted "false" @default.
- W1520995079 magId "1520995079" @default.
- W1520995079 workType "article" @default.