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.


Related Articles

  • Tax Systems Modernization: Results of Review of IRS' Initial Expenditure Plan: AIMD/GGD-99-206.  // GAO Reports;6/15/1999, p1 

    Presents the research paper entitled "Tax Systems Modernization: Results of Review of IRS' Initial Expenditure Plan" by the U.S. General Accounting Office to be submitted to Congressional Requesters.

  • Nevada Residents Leaning Towards Tax-Raising Measures. Jasmina Kelemen // Bond Buyer;10/25/2004, Vol. 350 Issue 31996, p5 

    Reports on the inclination of Nevada residents to support an initiative that would raise taxes and increase public spending. Lack of awareness of voters on the potential tax implications of the initiative; Likelihood of Nevadans to support measures that would make educational funding a priority;...

  • There Is No Money in the United States Treasury.  // Saturday Evening Post;2/26/1938, Vol. 210 Issue 35, p22 

    Criticizes the practice of government in overspending taxes collected in the U.S. Argument on protests against excessive taxation; Impact of taxation on industry; Correlation between taxation, investment and employment.

  • Money, Taxes, Public Spending, and the State Within a Circuitist Perspective. Bougrine, Hassan; Seccareccia, Mario // International Journal of Political Economy;Fall2002, Vol. 32 Issue 3, p58 

    The article discusses money, taxes, public spending, and the states within a circuitist perspective. Economic theory is plagued with a serious misunderstanding of the role, nature, and meaning of money, taxes, and debt. The belief that taxes are a source of government revenue and that they can...

  • STATE LIMITATIONS ON LOCAL TAXING AND SPENDING POWERS: A RESPONSE. Ladd, Helen F. // National Tax Journal;Dec78, Vol. 31 Issue 4, p397 

    This article offers a response to the commentary of Michael Bell and Ronald Fisher on the measurement of the potential efficiency loss associated with state limitations on local taxing and spending powers. Bell and Fisher indicate, the logic of the median voter model does not rule out the...

  • States on a spending bender. Novak, Julie // Institute of Public Affairs Review;Dec2009, Vol. 61 Issue 3, p49 

    The article discusses the reasons behind the intractable budget deficits and public debts faced by state governments in Australia. It notes that instead of examining expenditures, most of the government's economic agents incriminate stock market capitalists and financial executives in times of...

  • Utility profits, fiscal illusion, and local public expenditures. DiLorenzo, Thomas J. // Public Choice;1982, Vol. 38 Issue 3, p243 

    The main purpose of this paper has been to examine, theoretically and empirically, the effects of internal subsidization by municipal utilities on local public expenditures and tax burdens. The hypothesis was deduced that internal subsidization severs the link between public benefits received...

  • PUBLIC CHOICE AND PUBLIC SPENDING. Holcombe, Randall C. // National Tax Journal;Dec78, Vol. 31 Issue 4, p373 

    The median voter model, which is central to much of the public finance�public choice literature, predicts that under a system of majority rule, the alternative most preferred by the median voter will be chosen. This article demonstrates that when tax shares can be proposed as apart of a...

  • Mr Clarke's debut. Oppenheimer, Peter // Accountancy;Jan1994, Vol. 113 Issue 1205, p62 

    This article discusses the Great Britain budget under Chancellor of the Exchequer Kenneth Clarke. Tax increases are expected to be more reliable than efforts to limit public expenditures. Spending policies include: social security, health, defense, education, local authority expenditure,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics