Hall, Joshua C.
Growth and variability os school district income tax revenues : is tax base diversification a good idea for school financing? / Joshua C. Hall and Antonios M. Koumpias .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
School districts in Ohio have the option of diversifying their revenue base by adopting income taxes. Using a panel of Ohio school districts that adopted a local income tax from 1990 to 2008, we find that revenues are procyclical and fluctuate only mildly. The estimated short- and long-run income elasticity of school district income tax revenues is 1.05 and 1.04, respectively. We also find that the school district tax base fully adjusts to its long-run equilibrium within 2 years. Finally, we show that school district income tax adoption does not provide more stability to total school district tax revenues in the short or the long run.
CENTROS DOCENTES
FINANCIACION
RENTA
IMPUESTOS
ESTADOS UNIDOS
Koumpias, Antonios M.
Contemporary Economic Policy 1074-3529 [papel] v. 36, n. 4, October 2018, p. 678-691
Growth and variability os school district income tax revenues : is tax base diversification a good idea for school financing? / Joshua C. Hall and Antonios M. Koumpias .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
School districts in Ohio have the option of diversifying their revenue base by adopting income taxes. Using a panel of Ohio school districts that adopted a local income tax from 1990 to 2008, we find that revenues are procyclical and fluctuate only mildly. The estimated short- and long-run income elasticity of school district income tax revenues is 1.05 and 1.04, respectively. We also find that the school district tax base fully adjusts to its long-run equilibrium within 2 years. Finally, we show that school district income tax adoption does not provide more stability to total school district tax revenues in the short or the long run.
CENTROS DOCENTES
FINANCIACION
RENTA
IMPUESTOS
ESTADOS UNIDOS
Koumpias, Antonios M.
Contemporary Economic Policy 1074-3529 [papel] v. 36, n. 4, October 2018, p. 678-691