Are High Taxes Restricting Indiana’s Growth?
John Tatom
MPRA Paper from University Library of Munich, Germany
Abstract:
The “Hoosier Comeback” program, sponsored by the Indiana Economic Development Corporation, is part of a strategy to boost economic growth, in this case through increasing the quantity and quality of available human resources by providing subsidies to encourage the return of former residents. Whether emigration rates could be boosted more by cuts in income tax rates or by cuts in the corporate, sales or property taxes is an open issue, but the taxes that have risen most in recent years have been sales and property taxes. The Tax Foundation’s State Business Climate Index suggests that more bang would come from cutting the individual income tax. Economic theory would also suggest that cutting taxes on corporate capital income, or property (structures) would have the largest efficiency gains because the underlying resources are the most mobile.
Keywords: tax rates and migration; tax policy and growth (search for similar items in EconPapers)
JEL-codes: E62 O11 O43 (search for similar items in EconPapers)
Date: 2006-10-31
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published in Research Buzz 9.2(2006): pp. 1-3
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/17825/1/MPRA_paper_17825.pdf original version (application/pdf)
Related works:
Working Paper: Are high taxes restricting Indiana’s growth? (2007) 
Working Paper: Are High Taxes Restricting Indiana’s Growth? (2006) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:17825
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().