The effects of tax and expenditure limits on state fiscal reserves
| العنوان: | The effects of tax and expenditure limits on state fiscal reserves |
|---|---|
| المؤلفون: | Craig S. Maher, Sungho Park, Steven C. Deller, Judith I. Stallmann |
| المصدر: | Public Policy and Administration. 32:130-151 |
| بيانات النشر: | SAGE Publications, 2016. |
| سنة النشر: | 2016 |
| مصطلحات موضوعية: | Double taxation, Public Administration, Sociology and Political Science, media_common.quotation_subject, 05 social sciences, Monetary economics, Tax reform, Recession, 0506 political science, Microeconomics, Value-added tax, Tax credit, 0502 economics and business, 050602 political science & public administration, State income tax, Economics, Deferred tax, 050207 economics, Indirect tax, media_common |
| الوصف: | To help policy makers manage expenditures during periods of economic downturns, most states have formal budget stabilization funds and unreserved fund balances. Using indices of tax and expenditure limitations laws restrictiveness, we examine the relationship between tax and expenditure limitations and state reserves for years 1992–2010 to help determine the extent to which tax and expenditure limitations constrain or in other ways affect how states manage fiscal reserves. This time period is particularly relevant because it includes two recessions and most states had budget stabilization funds and tax and expenditure limitations. Findings suggest that state-constructed tax and expenditure limitations have little effect on state capacity to react to fiscal shocks. |
| تدمد: | 1749-4192 0952-0767 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::30b3fed8226ec9c591fde7bfa453b5d2 https://doi.org/10.1177/0952076716660607 |
| حقوق: | CLOSED |
| رقم الأكسشن: | edsair.doi...........30b3fed8226ec9c591fde7bfa453b5d2 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 17494192 09520767 |
|---|