TRUE PROPERTY TAX RATES IN THE UNITED STATES, 1922-49*

1953 ◽  
Vol 8 (1) ◽  
pp. 64-64
Author(s):  
Colin D. Campbell
2001 ◽  
Vol 61 (4) ◽  
pp. 974-1008 ◽  
Author(s):  
Robin L. Einhorn

Economic historians have traced the origin of the uniform property tax in the United States to the insertion of uniformity clauses into state constitutions in the Northwest and to efforts to tax commercial wealth. This article shows that the tax was created by legislation in the Northeast and that the first constitutional clauses were adopted in the South to protect slaveholders. It is time for historians of the U.S. political economy to abandon the dated paradigms of the “progressive history” tradition.


Author(s):  
John Joseph Wallis

Over the last 225 years, government finances in the United States have gone through three distinct stages. In the first stage, 1790–1850, state governments actively pursued policies to promote economic development and financed them from revenues from state investments. In the second, 1850–1930, local governments became the most important level of government, as measured by revenues and expenditures, and revenues shifted toward the property tax. In the third period, 1930 to the present, the national government became the most active and largest level of government, financed through income and payroll taxes, and developed an extensive network of grants to state and local governments. The chapter tracks the changes in sources of revenues and purpose of expenditures, with specific attention paid to military spending over the entire period.


1929 ◽  
Vol 42 (3) ◽  
pp. 453
Author(s):  
J. M. Maguire ◽  
Simeon Elbridge Leland

1985 ◽  
Vol 5 (3) ◽  
pp. 321-348 ◽  
Author(s):  
George M. Von Furstenberg ◽  
R. Jeffery Green ◽  
Jin-Ho Jeong

ABSTRACTThis paper explores intertemporal relations between innovations in government receipts and expenditures, by type and in total, at federal and state-local levels in the United States over the period 1955–82. A structural model is specified with tax and spending components as endogenous variables. After estimation with full information maximum likelihood techniques, residuals derived from the reduced form equations are used in causality tests. These tests show that where there is an indication of causality, spending tends to lead taxes. The lesson learned from past data thus appears to be that changing aggregate tax rates does not cause spending to change. Tax initiatives provide little leverage if changes in the growth of government are intended.


2017 ◽  
Vol 9 (3) ◽  
pp. 36-71 ◽  
Author(s):  
Shuhei Aoki ◽  
Makoto Nirei

We construct a tractable neoclassical growth model that generates Pareto's law of income distribution and Zipf's law of the firm size distribution from idiosyncratic, firm-level productivity shocks. Executives and entrepreneurs invest in risk-free assets, as well as their own firms' risky stocks, through which their wealth and income depend on firm-level shocks. By using the model, we evaluate how changes in tax rates can account for the evolution of top incomes in the United States. The model matches the decline in the Pareto exponent of the income distribution and the trend of the top 1 percent income share in recent decades. (JEL D31, H24, L11)


1973 ◽  
Vol 2 (2) ◽  
pp. 121-129
Author(s):  
Donald J. Epp ◽  
William C. Bates

Rural communities in Pennsylvania, as well as in many other parts of the United States, have exhibited a great deal of variation in population trends in recent years. Many rural communities have experienced a declining population along with a decreasing employment base. This causes problems of finding new sources of employment as well as providing educational and other public services that are adequate for their remaining population but are financed by a decreasing fiscal base. On the other hand, many rural communities have experienced a new spurt of economic and population growth resulting in a need for additional public services. While the particular problems to be faced are different depending on whether the community is growing or declining, they each have their own peculiar types of problems.


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