The Multistate Tax Commission (MTC) was established out of concern over the lack of uniformity in interstate taxation and the fear that in the absence of voluntary uniformity the federal government would dictate the nature of uniformity. This paper first considers why the MTC was formed and what...

The property tax was originally intended to be a tax on the stock of wealth, in essence all property – real and personal, tangible and intangible. Estimating the property tax base without any exemptions or other legal deviations from market value is an exercise that permits the discussion to...

The authors trace the history of the Multistate Tax Commission and look at how successful it has been at meeting states' incompatible goals of uniformity and sovereignty. The authors note that the states are unwilling to give up sovereignty to achieve uniformity