Alm, James; Buschman, Robert D.; Sjoquist, David L. - In: Regional Science and Urban Economics 41 (2011) 4, pp. 320-331
Historically, local governments in the United States have relied on the property tax as one of their main sources of own-source revenues. However, the recent collapse of housing prices and the resulting negative impact on local government budgets suggest that it may be opportune to rethink this...