A critique on the effectiveness of tax-expenditure limitations

✍ Scribed by Dale Bails

• Book ID: 104632662
• Publisher: Springer US
• Year: 1982
• Tongue: English
• Weight: 463 KB
• Volume: 38
• Category: Article
• ISSN: 0048-5829
• DOI: 10.1007/bf00127714

✦ Synopsis

The principal purpose of this study is to investigate the probable impact of tax and spending limitations on tax burdens and state expenditures. This is accomplished via a systematic evaluation of the alternative proposals associated with tax limitation legislation. In particular, this paper analyzes the linking of state public sector growth to inflation, limiting tax burdens to a percent of personal income, the inclusion of escape clauses in the enabling legislation and the evolution of these tax limitations into legalized minimums.