In this broad and illuminating work, experts on public finance discuss innovations in state and local tax policy that have been implemented or considered over the course of the last three decades. The authors provide original work that analyzes whether state and local governments have 'gone...

The discrepancy between taxing and spending -- The politics of taxing -- Raising taxes -- Cutting taxes -- The politics of spending -- The growth of government spending -- Reducing spending -- Deficits and the american democracy