Dahlby, Bev; Ferede, Ergete; Khanal, Mukesh - 2021
account the adverse effects such an increase will likely have on business investment in their communities. Based on data on …-residential property tax rate corresponds to a drop in businesses investment in buildings and structures. Raising the non …-residential property tax rate by, for example, 10 per cent results in a seven per cent drop in business investment.Businesses have long …
