Essays on Current Use Property Taxation
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Published: 2013
Total Pages: 304
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
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Published: 2013
Total Pages: 304
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DOWNLOAD EBOOKAuthor: Joshua J. Templeton
Publisher:
Published: 2004
Total Pages:
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DOWNLOAD EBOOKAbstract: This dissertation explores the interaction of tax and land use policies in the U.S. The first essay, Exclusionary Fiscal Zoning and Residential Housing Density, explores the hypotheses that local generation of tax revenue encourages local governments to enact zoning policies that reduce the efficiency of land markets. The theoretical model predicts that heavy reliance on local income tax revenue by local governments will encourage strict large-lot fiscal zoning restrictions. Empirical results support the theoretical hypothesis for tax districts in Delaware County, Ohio. The second essay, The Effect of Use-Value Assessment on Land Use Change in Rural and Suburban Areas, explores the effects of preferential property tax treatment for agricultural uses. A survival model is employed to explain the timing of farmland conversion to urban uses. Preferential tax assessment is found to be effective at slowing farmland conversion in a rural Ohio township, but ineffective in a suburban township closer to Columbus, Ohio. The third essay, The Capitalization of Property Taxes into the Prices of High and Low-Value Homes, employs a hedonic model to test the impact of local property taxes and large-lot zoning on housing values. The empirical results show mixed evidence to support the hypothesis that property taxes have a more negative impact on high-value homes as compared to low-value homes. The results also show a price premium on homes with small lots. This premium may be explained by a zoning induced shortage of small-lot homes.
Author: Edwin Robert Anderson Seligman
Publisher:
Published: 1913
Total Pages: 742
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DOWNLOAD EBOOKAuthor: Simeon E. Leland
Publisher:
Published: 2013-01
Total Pages: 506
ISBN-13: 9781258533540
DOWNLOAD EBOOKAuthor: Joan Youngman
Publisher:
Published: 2016
Total Pages: 260
ISBN-13: 9781558443426
DOWNLOAD EBOOKIn A Good Tax, tax expert Joan Youngman skillfully considers how to improve the operation of the property tax and supply the information that is often missing in public debate. She analyzes the legal, administrative, and political challenges to the property tax in the United States and offers recommendations for its improvement. The book is accessibly written for policy analysts and public officials who are dealing with specific property tax issues and for those concerned with property tax issues in general.
Author: Dick Netzer
Publisher: Edward Elgar Publishing
Published: 2003
Total Pages: 344
ISBN-13:
DOWNLOAD EBOOKThis text brings together essays by scholars connecting the property tax with land use. They explore the idea that the property tax is used as a partial substitute for land use regulation and other policies designed to affect how land is utilized. Like many economists, the contributors see some type of property taxation as the more efficient means of helping to shape land use. Some of the essays analyze a conventional property tax, while others consider radically different systems of property taxation. context of a dynamic model of real estate markets. The remaining papers examine how various tax mechanisms and non-tax alternatives to regulating and determining land use, such as zoning and private neighbourhood associations, complement or substitute for one another. Urban planners and economists interested in local public finance should find this a useful study.
Author: Charles Bowdoin Fillebrown
Publisher:
Published: 1909
Total Pages: 296
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DOWNLOAD EBOOKAuthor: George R. Zodrow
Publisher:
Published: 2019
Total Pages: 602
ISBN-13: 9789811205149
DOWNLOAD EBOOK"The 19 articles in this volume include George Zodrow's most important contributions to the theory and practice of taxation. They are organized into five general areas: (1) Optimal tax reform, or an analysis of the best ways to implement tax reforms taking into account transitional problems; (2) Consumption-based taxes, including the economic effects of replacing the current income tax with a progressive consumption tax; (3) Income tax reform in the United States and in developing countries; (4) State and local tax policy, including especially the effects of the local property tax; and (5) Tax competition, using models that are applicable at both the state/local and international levels"--Publisher's website.
Author: Ko-chao Lin
Publisher:
Published: 1998
Total Pages: 154
ISBN-13:
DOWNLOAD EBOOKAuthor: Zachary William Richards
Publisher:
Published: 2009
Total Pages: 126
ISBN-13:
DOWNLOAD EBOOKThis dissertation is a collection of three essays regarding the effects of federal taxation of residential capital, with a focus on owner-occupied housing. Owner-occupied housing is granted a number of tax subsidies under the federal individual income tax code. Among them are the mortgage interest and property tax deductions and the tax exclusions on imputed rental income for the homeowner and capital gains from the sale of a primary residence. In the first essay, entitled ʺDoes the Exclusion of Capital Gains Taxes on Housing Promote Labor Mobility?", I examine the impact of the Taxpayer Relief Act of 1997 (TRA97), which dramatically reduced effective tax rates on residential capital gains, on the likelihood of a homeowner undertaking a job-related relocation. The results indicate that homeowners with large accrued gains are more likely to move for job-related reasons after the passage of TRA97 than before, implying efficiency gains from a spatial reallocation of labor. In the second essay, "The Effects of EGTRRA and JGTRRA Expiration on the User Cost of Housing", I calculate last-dollar user costs for owner-occupants using an augmented model that incorporates the current tax exclusion of residential capital gains. User cost calculations are made under current and future policy to determine the effects of higher marginal income and capital gains tax rates on the costs of homeownership. The results indicate that the expiration of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) will have a regressive effect on user costs, with high-income homeowners receiving the largest percentage reductions despite higher long-term capital gains tax rates. The final essay, "Residential Capital Gains Taxes and the Dynamics of Housing Markets", examines the macroeconomic implications of TRA97. I present evidence that a structural break occurred around the time of its implementation, affecting the relationship between aggregaegate measures of the housing market, money growth, and output. This suggests that effective tax rates on residential capital gains play an important role in the fluctuations of residential fixed investment and may alter the impacts of monetary policy.