The Political Costs of Tax Increases and Expenditure Reductions: Evidence from State Legislative Turnover
AbstractThis paper estimates the political costs of increasing taxes and cutting expenditures for members of a legislature. It is found that both costs are individually significant, but that they are not significantly different. This coincides with the first order condition for maximization of the probability of reelection. Republican legislatures have a higher political cost for taxes, thus the party's relative bias toward smaller government is founded in stronger constituent preferences against taxes, not for lower spending. Additionally, by being ideologically conservative, Republicans lower the political costs of taxes, while by being more liberal, Democrats lower the cost of cutting expenditures. Copyright 1998 by Kluwer Academic Publishers
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 96 (1998)
Issue (Month): 1-2 (July)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100332
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Benny Geys & Jan Vermeir, 2008.
"Taxation and presidential approval: separate effects from tax burden and tax structure turbulence?,"
Springer, vol. 135(3), pages 301-317, June.
- Geys, Benny & Vermeir, Jan, 2007. "Taxation and presidential approval: separate effects from tax burden and tax structure turbulence," Discussion Papers, Research Unit: Market Processes and Governance SP II 2007-09, Social Science Research Center Berlin (WZB).
- Ginés DE RUS & M. Pilar SOCORRO, 2009.
"Infrastructure investment and incentives with supranational funding,"
Departmental Working Papers
2009-18, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Ginés Rus & M. Socorro, 2010. "Infrastructure Investment and Incentives with Supranational Funding," Transition Studies Review, Springer, vol. 17(3), pages 551-567, September.
- Socorro, M. Pilar & De Rus, Ginés, 2011. "Infrastructure investment and incentives with supranational funding," Working Papers 2011-13, FEDEA.
- Geys, Benny & Vermeir, Jan, 2008. "The political cost of taxation: new evidence from German popularity ratings," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-06, Social Science Research Center Berlin (WZB).
- Gary Wagner & Russell Sobel, 2006. "State budget stabilization fund adoption: Preparing for the next recession or circumventing fiscal constraints?," Public Choice, Springer, vol. 126(1), pages 177-199, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.