Abstract Thomas Gambke describes in his article the concept of a property levy („Vermögensabgabe“) of the German Green Party in the context of other property related taxes such as real estate tax and inheritance tax. He explains the advantages of a property levy in contrast to a property...

Summary The paper addresses entry barriers for a new technology - hydrogen powered cars or cars with fuel cell engines - if the network of its filling stations is missing. We use Hotelling’s model of product differentiation to characterize a situation where an incumbent firm produces the old...

Purpose The purpose of this study is to investigate sequences of event and the resulting innovation paths and trajectories followed by a university spin-off organization. Design/methodology/approach A single longitudinal case study methodology was applied to analyze innovation events and paths...

Abstract This paper examines why local governments rely heavily on the property tax, even when they have access to another revenue source, using data from Ohio’s recent experience of permitting local school districts to use both property taxes and residence-based income taxes. Nechyba’s...

Thirty years after its passage, Proposition 13 did the job it was intended it to do. People are secure in their homes because the property tax is controlled and state government has not been shortchanged.

Thirty years after voters ushered in the tax revolt by passing Prop. 13, it remains the third rail of California government. In the throes of the budget crisis of 2008, there was no serious talk of reforming the property tax system. Prop. 13 was opposed by the elite, supported by the masses, and...

Much of the best scholarship on the economic or fiscal impacts of Proposition 13 probably understates those impacts, because it considers only impacts of property tax limitation in California. Proposition 13 spilled over from California into other states. It spilled over from the property tax...

Opponents of Prop. 13 make a political miscalculation as serious as that which conservatives did with Social Security. For 30 years, they have tried to dismantle Prop. 13, or modify it. Their efforts are as doomed as the efforts to change Social Security, because Prop. 13 is considered part of...

Abstract This case study briefly traces the evolution and current status of Pennsylvania’s property tax exemption debate. Over the past 30 years court cases and legislative initiatives in Pennsylvania have resulted in dramatic swings of power back and forth between nonprofits and their host...