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Interstate fiscal disparity in state fiscal year 1999

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Author Info
Robert Tannenwald
Nicholas Turner

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Abstract

This paper compares states in terms of their relative fiscal capacity, fiscal need, fiscal comfort, and tax effort in state fiscal year 1999 (FY1999). It is the most recent in a series initiated by the U.S. Advisory Commission on Intergovernmental Relations (ACIR) in 1962. As in previous studies, the authors use the representative tax system and representative expenditure system methodologies in their analysis. Compared with FY1997, the authors find less interstate disparity in fiscal capacity, fiscal need, and fiscal comfort. However, such disparity, though diminished, remains substantial. The New England and Mid-Atlantic regions remain the most “fiscally comfortable,” while the East South Central and West South Central regions are still the most “fiscally stressed.”

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Paper provided by Federal Reserve Bank of Boston in its series Public Policy Discussion Paper with number 04-9.

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Date of creation: 2004
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Handle: RePEc:fip:fedbpp:04-9

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Keywords: State finance ; Taxation;

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  1. Robert Tannenwald, 1996. "State business tax climate: how should it be measured and how important is it?," New England Economic Review, Federal Reserve Bank of Boston, issue Jan, pages 23-38. [Downloadable!]
  2. Robert Tannenwald, 2004. "Massachusetts business taxes: unfair? inadequate? uncompetitive?," Public Policy Discussion Paper 04-4, Federal Reserve Bank of Boston. [Downloadable!]
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  1. Yesim Yilmaz & Sonya Hoo & Matthew Nagowski & Kim Rueben & Robert Tannenwald, 2006. "Measuring fiscal disparities across the U. S. states: a representative revenue system/representative expenditure system approach, fiscal year 2002," New England Public Policy Center Working Paper 06-2, Federal Reserve Bank of Boston. [Downloadable!]
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This page was last updated on 2009-12-9.


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