Government budgets and property values

Lori Taylor

Economic and Financial Policy Review, 1991, issue Sep, 7 pages

Abstract: Lori L. Taylor debunks several popular beliefs as she examines how property values relate to taxes, government services, and government debt. She finds that, contrary to popular belief, property values do not necessarily decrease when local governments increase taxes to pay for services. Her analysis reveals that taxpayers value all types of government services, including transfer payments such as welfare and health services. Taylor's work also suggests that people do not automatically prefer deficit spending to tax increases.

Keywords: Taxation; Local government (search for similar items in EconPapers)
Date: 1991
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