scholarly journals Federal deductibility and local property tax rates

1990 ◽  
Vol 27 (3) ◽  
pp. 269-284 ◽  
Author(s):  
Douglas Holtz-Eakin ◽  
Harvey Rosen
Keyword(s):  
Property Tax ◽  
Local Property ◽  
Tax Rates

scholarly journals Never Stop Improving?

2012 ◽  
Vol 1 (2) ◽  
pp. 149-167
Author(s):  
Eric M. Biscopink
Keyword(s):  
Property Tax ◽  
Local Property ◽  
Case Law ◽  
The Other ◽  
Property Taxes ◽  
Tax Rates ◽  
State Tax ◽  
Drastic Effect ◽  
Set Up ◽  
The Right

This Comment argues that a co-tenant who improves a concurrent estate without the consent of the other co-tenant should be liable for the increased tax liability caused by the improvement. Part II surveys the current law surrounding concurrent estates, providing background to the common law rules on the various types of co-tenants. This will provide context for the subsequent argument about how property taxes could have a drastic effect on the current face of concurrent estates. The Author will overview property taxes as they relate to local property, delving into the property tax rates, in particular, and how they relate to concurrent estates. In Part III, the Author will discuss the principles of a sound state tax policy, and weigh those principles to determine what are the most important factors in creating a tax. This will illuminate the need for a concrete rule and what that rule should be. Part IV of this Comment will set up the central problem: whether a co-tenant can improve the concurrent estate to the extent that the property tax liability is too great for the other co-tenant, essentially improving the co-tenant out of the property. The problem poses related issues with the well-established case law. If the purpose of not allowing a co-tenant the right to contribution for improvements is to prevent a wealthier co-tenant from ousting his or her other co-tenants, then why can he or she currently do it through a loophole of creating tax liability? However, if the non-improving co-tenant is not liable for the property tax, is the purpose behind the required contribution for necessary costs void? Part V will offer a solution to the tax liability from improvements to concurrent property. The Author will propose to close the gap in the law consistent with the rule for improvements by a co-tenant. The improving co-tenant will be liable for the rise in tax liability for any improvement done without the consent of the non-improver. Ultimately, a co-tenant should not be in danger of being ousted from a concurrent estate by an increase in tax liability due to non-consented improvements to the property owned in joint tenancy. Therefore, the Author proposes the gap in the current law be addressed with the requisite legislation.

scholarly journals Federal Deductibility and Local Property Tax Rates

10.3386/w2427 ◽  
1987 ◽  
Author(s):  
Douglas Holtz-Eakin ◽  
Harvey Rosen
Keyword(s):  
Property Tax ◽  
Local Property ◽  
Tax Rates

scholarly journals Impact of Substituting the Transactions Tax for the Farm Real Estate Tax

1978 ◽  
Vol 10 (2) ◽  
pp. 23-28
Author(s):  
Fred C. White
Keyword(s):  
Open Space ◽  
Property Tax ◽  
Local Property ◽  
Property Taxes ◽  
Land Values ◽  
Tax Rates ◽  
Quarter Century ◽  
Two Factors ◽  
Real Estate Tax ◽  
The Many

The fact that the local property tax remained virtually unchanged for so many decades prior to the 1950s is remarkable, considering the myriad modifications that have emerged during the past quarter century. Perhaps the historically low tax rates shielded many of its unfavorable characteristics which have been attacked in recent years. Because of rising land values and rising tax rates per dollar of value, the property tax in a majority of the states was modified, usually to protect agricultural or residential interests. Two factors contributed to the passage of the many tax reform programs for agriculture: (1) a belief that property taxes discriminated against farmers because farmers paid a disproportionate share of their income in property taxes and (2) a desire to affect land use by preserving farmland and open space.

scholarly journals The Fiscal Impact of Local Property Tax Abatement in Indiana

2016 ◽  
Vol 2 (2) ◽  
pp. 161
Author(s):  
Michael Hicks ◽  
Dagney Faulk
Keyword(s):  
Local Governments ◽  
Property Tax ◽  
Local Property ◽  
Strong Relationship ◽  
Tax Rates ◽  
Absolute Size ◽  
Fiscal Impact ◽  
Tax Base ◽  
Tax Abatements ◽  
Tax Abatement

Property tax abatement is widely used by local governments in the U.S. with the goal of attracting and retaining businesses. This analysis examines the efficacy of such abatement using data on Indiana counties from 2002 through 2011. The analysis suggests that local tax abatement tends to be correlated with higher effective tax rates in a county. These correlations exist in the absolute size of abated property relative to the existing assessed value of property taxes and in the frequency of use of tax abatements. In addition, there is not a strong relationship between abatement and the growth of assessed value over time. The implication is that, on average, the use of abatements as a tool for growing a property tax base is not particularly effective. These findings cast doubt on the ability of Indiana’s system of property tax abatements to increase the tax base or control property tax rates.

scholarly journals The Fiscal Effects of Tax Increment Financing on Rural School Districts: The Case of Iowa

AERA Open ◽  
2021 ◽  
Vol 7 ◽  
pp. 233285842199114
Author(s):  
Phuong Nguyen-Hoang
Keyword(s):  
Rural Communities ◽  
School Districts ◽  
Property Tax ◽  
Rural School ◽  
Tax Rates ◽  
Rural School Districts ◽  
Tax Increment Financing ◽  
Tax Base ◽  
Positive Effects ◽  
Development Tool

Tax increment financing (TIF)—an economic (re)development tool originally designed for urban cities—has been available to rural communities for decades. This is the first study to focus solely on TIF in rural school districts, to examine TIF effects on school districts’ property tax base and rates, and to conduct event-study estimations of TIF effects. The study finds that TIF has mostly positive effects on rural school districts’ property tax base and mixed effects on property tax rates, and that TIF-induced increases in tax base come primarily from residential property and slightly from commercial property. The study’s findings assert the importance of returned excess increment if rural school districts in Iowa and many other states are to benefit from TIF.

scholarly journals USING PARTICIPATORY APPROACH TO IMPROVE AVAILABILITY OF SPATIAL DATA FOR LOCAL GOVERNMENT

2016 ◽  
Vol III-4/W1 ◽  
pp. 139-144
Author(s):  
T. Kliment ◽  
V. Cetl ◽  
H. Tomič ◽  
J. Lisiak ◽  
M. Kliment
Keyword(s):  
Spatial Data ◽  
Local Governments ◽  
Local Level ◽  
Property Tax ◽  
Open Data ◽  
Quality Level ◽  
Tax Rates ◽  
Geospatial Information ◽  
Data Infrastructure ◽  
Participatory Gis

Nowadays, the availability of authoritative geospatial features of various data themes is becoming wider on global, regional and national levels. The reason is existence of legislative frameworks for public sector information and related spatial data infrastructure implementations, emergence of support for initiatives as open data, big data ensuring that online geospatial information are made available to digital single market, entrepreneurs and public bodies on both national and local level. However, the availability of authoritative reference spatial data linking the geographic representation of the properties and their owners are still missing in an appropriate quantity and quality level, even though this data represent fundamental input for local governments regarding the register of buildings used for property tax calculations, identification of illegal buildings, etc. We propose a methodology to improve this situation by applying the principles of participatory GIS and VGI used to collect observations, update authoritative datasets and verify the newly developed datasets of areas of buildings used to calculate property tax rates issued to their owners. The case study was performed within the district of the City of Požega in eastern Croatia in the summer 2015 and resulted in a total number of 16072 updated and newly identified objects made available online for quality verification by citizens using open source geospatial technologies.

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