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- W2279822433 abstract "Proposition 13 and similar proposals in other states have raised an economic question: Do state and local taxes influence personal income growth? Some proponents of Proposition 13 claimed that lower taxes, in addition to causing the obvious increase in disposable income, would lead to higher total personal income in California. Aside from those effects which lower property taxes may have on California's economy, this study addresses the broader question of whether state and local taxes in general influence personal income growth. The results of our study imply that state and local taxes are a significant deterrent to growth in personal income per capita across states. While these results have policy implications for state and local policymakers, the study itself addresses only the impact of state and local taxes on income growth. Ours is a positive approach and says nothing about the appropriate objectives for either tax structures or income growth." @default.
- W2279822433 created "2016-06-24" @default.
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- W2279822433 date "1980-07-01" @default.
- W2279822433 modified "2023-09-24" @default.
- W2279822433 title "The Impact of State and Local Taxes on Economic Growth" @default.
- W2279822433 doi "https://doi.org/10.22004/ag.econ.128389" @default.
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