Revenue Portfolio and Expenditures: An Examination of the Volatility of Tax Revenue and Expenditure Patterns during the Great Recession
| Autor: | Whitney B. Afonso |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Property tax
Public Administration Economic policy Marginal revenue 05 social sciences Monetary economics Tax reform 0506 political science Tax revenue Capital expenditure Revenue model 0502 economics and business Revenue center 050602 political science & public administration Economics Revenue 050207 economics Business and International Management |
| Zdroj: | International Journal of Public Administration. 40:896-905 |
| ISSN: | 1532-4265 0190-0692 |
| DOI: | 10.1080/01900692.2017.1295271 |
| Popis: | Local governments in the United States are diversifying their revenue streams and becoming less reliant on the inelastic revenue from property taxes. This article examines both how this affects local governments’ revenue stability in economic downturns as well as their levels of expenditures in key functions: capital and social services. Using data from North Carolina counties from both before the Great Recession and after, this article examines reliance on local sales taxes and stability of revenue. The findings suggest that dependence on local sales taxes do increase volatility and reduce expenditures on social services, all else being equal. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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