The authors look at the role of the property tax as a source of revenue and ask whether it is better than the alternatives. Over several decades, property taxes declined as a source of revenue, but there has been a recent increase in reliance on property taxes

The authors analyze New York state's recently enacted aB 6845, which is aimed at curbing tax shelter transactions. The measure reflects recent changes to the Internal Revenue Code made as part of the American Jobs Creation Act of 2004, as well as concepts found in legislation enacted in...

The authors look at the effect that a change from origin-based sourcing to destination-based sourcing under the multistate Streamlined Sales and Use Tax Agreement will have on Tennessee local government revenues. They estimate that under the agreement's provisions, aggregate local government...

Fiscal policy is one of the three pillars of what Dr. Ottmar Issing (2002) has called the Maastricht Assignment. For the Eurozone as a whole, the Central Bank is responsible for area-wide price stability. The twelve national fiscal authorities are responsible for fiscal policy - country by...

To decrease the amount of packaging waste in the public space and compensate for the disposal costs, the German city of Tübingen has introduced a tax in the amount of €0.50 on disposable takeout beverage and food containers in January 2022. No tax is levied if reusable cups or plates are used...

The implied warranty of habitability, read into nearly every lease for the residential use of real property in the United States, requires a property owner to maintain a rental home in a safe and habitable manner as a condition precedent to the receipt of the full contract rent. The enduring...

We find that policy decisions made by elected politicians in Portuguese municipalities violate the predictions of standard microeconomic theory. Municipalities can choose a withholding rate between zero and five percent of the income tax revenue collected within their boundaries by the national...

Many states turn in sizable part to local property taxes to finance public education. Political and academic discourse on the extent to which these taxes should serve in this role largely centers on second-order issues, such as the vices and virtues of local control, the availability of...

Many jurisdictions determine real property taxes based on a combination of current market values and the recent history of market values, introducing a dynamic aspect to property taxes. By design, homes in rapidly appreciating neighborhoods enjoy lower tax rates than homes in other areas. Since...