Tag Archives: local fiscal policy

Tax Benefits to Housing and Inefficiencies in Location and Consumption

From David Albouy and Andrew Hanson: Tax benefits to owner-occupied housing provide incentives for housing consumption, offsetting weaker disincentives of the property tax. These benefits also help counter the penalty federal taxes impose on households who work in productive high-wage … Continue reading

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Can Lower Taxes Be Bought? The Role of Business Rent-Seeking

Robert Chirinko and Dan Wilson have a paper in which they estimate the economic value of $1 corporate donation in terms of lower corporate tax liabilities and find it is worth roughly $6.65. Abstract: The standard model of strategic tax competition assumes that … Continue reading

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