Tax Burden and the Mismeasurement of State Tax Policy

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dc.contributor.authorW. Robert Reed
dc.contributor.authorCynthia L. Rogers
dc.date.accessioned2016-01-14T19:53:37Z
dc.date.accessioned2016-03-30T15:32:14Z
dc.date.available2016-01-14T19:53:37Z
dc.date.available2016-03-30T15:32:14Z
dc.date.issued2006-07-01
dc.description.abstractTax Burden, defined as the ratio of total tax revenues over personal income, is frequently used to measure state tax policy. The authors analyze the empirical relationship between changes in Tax Burden and changes in tax policies from 1987 to 2000 using states’ forecasts of revenue impacts of new tax legislation. Their two major findings have important implications. First, they demonstrate that income-induced, nontax policy changes are a significant determinant of changes in Tax Burden. These income effects are likely to cause misinterpretation when Tax Burden is used as a variable in economic growth regressions. Second, they estimate that approximately half of the total variation in Tax Burden is due to changes in nontax policy factors. This finding quantifies the extent of the “mismeasurement” problem that has been discussed, but not analyzed, in previous literature. In concluding, the authors promote the use of alternative approaches for estimating the economic effects of taxes.en_US
dc.description.peerreviewYesen_US
dc.description.peerreviewnoteshttps://us.sagepub.com/en-us/nam/manuscript-submission-guidelinesen_US
dc.identifier.citationReed, W. R., & Rogers, C. L. (2006). Tax Burden and the Mismeasurement of State Tax Policy. Public Finance Review, 34(4), 404-426. doi: 10.1177/1091142106288406en_US
dc.identifier.doi10.1177/1091142106288406en_US
dc.identifier.urihttp://hdl.handle.net/11244/25356
dc.language.isoen_USen_US
dc.publisherPublic Finance Review
dc.rights.requestablefalseen_US
dc.subjecttax policyen_US
dc.subjectfiscal policyen_US
dc.subjectTax Burdenen_US
dc.subjectstate economic developmenten_US
dc.subjecttax ratesen_US
dc.titleTax Burden and the Mismeasurement of State Tax Policyen_US
dc.typeResearch Articleen_US

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