In 1991, a property tax limitation measure was imposed in five Illinois counties. Dye and McGuire (1997) studied its short–term impact. With the limit now in effect for over a decade and extended to many more counties, we assess its long–term impact. Because jurisdictions brought under the...

A recent policy change caps the annual percentage increase in the assessed value of owner–occupied homes in Cook County, Illinois. Assuming that total revenue would remain constant, the result is relief for some financed by higher taxes on others. We estimate these tax burden shifts using data...

This article provides estimates of the impact of earmarked revenues on the level and composition of state expenditures. Examined are four types of state spending —total, elementary and secondary education, highways, and aid to nonschool local governments -and two measures of earmarking...

Dick Netzer, a leading public finance economist specializing in state and local issues and urban government, brings together in this comprehensive volume essays by top scholars connecting the property tax with land use. They explore the idea that the property tax is used as a partial substitute...

This working paper was written for the New England Public Policy Center’s third annual conference: “The Dynamic between Municipal Revenue Sources and the State-Local Relationship in New England”. It relies on data from the U.S. Census to examine the dynamic between municipal revenues and...

This book, intended for the general reader curious about land and its taxation, bringstogether 12 leading scholars and practitioners to share their views on the theories andpractice of land value taxation.