Vasch�, Jon David
December 1978
National Tax Journal;Dec78, Vol. 31 Issue 4, p399
Academic Journal
This article presents an analysis of the general revenue effects of Proposition 13 in California by Perry Shapiro and Douglas Morgan appeared in the June 1978 issue of the �National Tax Journal.� The study indicates that examination of tax policy must account for the mutual dependencies and interactions between alternative revenue sources, is one that deserves far more attention than it has received in the past amongst revenue forecasters and policy makers. However, there are a number of reasons why the authors' estimates of the revenue impacts of Proposition 13 should be heavily qualified and probably exhibit significant though unknown biases.


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