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Tenants and Homeowners Under Property Tax Relief

Author

Listed:
  • A.Thomas Eapen

    (State University of New York at Binghamton)

  • Ana N. Eapen

    (William Paterson College of New Jersey)

Abstract

Clamor for property tax relief is universal among the states. Such relief is generally considered to be egalitarian, although seldom has any attempt been made to study its redistributive effects, particularly between homeowners and tenants. This study examines the redistributive effects of property tax relief measures enacted by the state of New Jersey in 1976. The results indicate that the relief measures engender a considerable subsidy from tenants to homeowners. Adoption of property tax relief measures prevailing in New Jersey would lead to a substantial reinforcement of the tax preferences already enjoyed by homeowners under the federal income tax legislation .

Suggested Citation

  • A.Thomas Eapen & Ana N. Eapen, 1982. "Tenants and Homeowners Under Property Tax Relief," Public Finance Review, , vol. 10(1), pages 67-93, January.
    • Handle: RePEc:sae:pubfin:v:10:y:1982:i:1:p:67-93
    DOI: 10.1177/109114218201000105
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    References listed on IDEAS

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    1. Feldstein, Martin S, 1977. "The Surprising Incidence of a Tax on Pure Rent: A New Answer to an Old Question," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 349-360, April.
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