We use a novel dataset on effective property tax rates in U.S. states and metropolitan statistical areas (MSAs) over … the 2005-2014 period to analyze the relationship between property tax rates and house price volatility. We find that … property tax rates have a negative impact on house price volatility. The impact is causal, with increases in property tax rates …

We analyze the long-run optimal combination of wealth and labor tax rates in a model where wealth-to-income ratios and … wealth inequality are rising endogenously. We consider rich (lenders) and poor (borrowers) households, financial and housing … wealth, and find that a ''realistic'' optimal steady state tax structure includes some taxation of labor, zero taxation of …

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …

Recent changes in Canadian legislation have enabled First Nations to adopt property taxation and other forms of …

The study empirically tests whether regional differences in personal taxes (Personal Income Tax, Wealth Tax, and …

property ownership, embracing equitable distribution in reallocating property upon divorce, the Employment Retirement Income … concentration of wealth in the hands of husbands rather than wives within intact marriages. It suggests that in order to remedy this … in one-half of the assets in each spouse as they are earned and contributed by one spouse, akin to a community property …

This paper studies the revenue and base effects of local property and business tax hikes using a natural experiment in … covering the period 1995-2010, I find that property tax hikes have a revenue elasticity of unity and no adverse base effects … property prices. Overall, increasing local tax rates by one to two percentage points does not seem to affect the local economy …