Apocalypse Now? Fundamental Tax Reform and Residential Housing Values
AbstractUsing a simulation model crafted to integrate the short-run and long-term impacts of tax" reform on the housing market, we find modest impacts from fundamental reform of the Federal" income tax. These results suggest that concerns over the impact of tax reform on housing values" and household net worth are overstated. To the extent that reform is otherwise desirable drastic effects on the housing market should not stand as an impediment to reform."
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 6282.
Date of creation: Nov 1997
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Find related papers by JEL classification:
- H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
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