In a recent paper in this journal, Gilmer and Morgan attempted to prove that there is equivalence among certain forms of education subsidy programs-flat grants, foundation programs, and equalized apportionment formulas. This paper demonstrates that the proof presented by Gilmer and Morgan does...

This article investigates the impact of changes in highway gasoline tax rates and gasoline efficiency on U.S. gasoline tax revenue, using a simultaneous equation model which incorporates highway mileage as one determinant of travel volume (hence user revenues) and travel volume (through highway...

In a paper by Gilmer and Morgan (1973) in this journal, an attempt was made to demonstrate that within a state's school finance system, flat grants, foundation programs, and equalized apportionment formulas create equivalent fiscal equalizations effects. Talley (1974) challenged this conclusion...