Public Goods and the Property Tax: A Theoretical Analysis

Clarence Morrison

Public Finance Review, 1976, vol. 4, issue 2, 159-172

Abstract: In this paper a property tax model is constructed in which the proceeds of the property tax are used to provide a public good. Generally speaking, it is argued that public provision of public goods will not be Pareto optimal in that public provision will result in the oversupply of public goods.

Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:4:y:1976:i:2:p:159-172

DOI: 10.1177/109114217600400203

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