Many developing countries have struggled with realizing sufficient revenues from property tax. However, as developing countries experience economic growth, they are also seeing property values rising, providing a bigger tax base from which to realize revenues. Technology has made tax...

The authors look at state and local property taxes on business, which are estimated to be 71 percent of the state and local taxes imposed on business capital. States must weigh the tax burdens they place on businesses against the jobs that businesses create, the authors say

This paper studies the revenue and base effects of local property and business tax hikes using a natural experiment in the German state of North Rhine-Westphalia (NRW). Due to a reform of the local equalization scheme in 2003, a set of municipalities in NRW increased their local tax rates by one...