A Computable General Equilibrium Analysis of a Property Tax Limitation Initiative in Idaho
Idaho voters rejected a property tax limitation initiative in 1996. Before the election, proponents claimed the decrease in revenues would be offset from the increase in economic activity. We developed a computable general equilibrium model based on tradable and non-tradable sectors to hypothesize the impact on Idaho’s public finances, household income, and economic growth, with and without the initiative’s tax policy. The model predicts that each $3 reduction in property tax revenues would result in an overall $2 loss in state and local revenues. The benefits are predicted to be $35 per low-income household and $738 per high-income household. The federal government would receive 1% additional revenues from Idaho.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McLure, Charles E, Jr, 1974. "A Diagrammatic Exposition of the Harberger Model with One Immobile Factor," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 56-82, Jan.-Feb..
- Charles L. Ballard & Don Fullerton & John B. Shoven & John Whalley, 1985. "Introduction to "A General Equilibrium Model for Tax Policy Evaluation"," NBER Chapters, in: A General Equilibrium Model for Tax Policy Evaluation, pages 1-5 National Bureau of Economic Research, Inc.
- N/A, 1985. "General Policy," India Quarterly: A Journal of International Affairs, , vol. 41(1), pages 74-79, January.
- Ballard, Charles L. & Fullerton, Don & Shoven, John B. & Whalley, John, 2009.
"A General Equilibrium Model for Tax Policy Evaluation,"
National Bureau of Economic Research Books,
University of Chicago Press,
edition 0, number 9780226036335.
- Charles L. Ballard & Don Fullerton & John B. Shoven & John Whalley, 1985. "A General Equilibrium Model for Tax Policy Evaluation," NBER Books, National Bureau of Economic Research, Inc, number ball85-1.
- Peter M. Mieszkowski, 1967. "On the Theory of Tax Incidence," Journal of Political Economy, University of Chicago Press, vol. 75, pages 250-250.
- N/A, 1985. "General Policy," India Quarterly: A Journal of International Affairs, , vol. 41(1), pages 112-117, January.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:78:y:2002:i:2:p:207-227. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.