Kerr, Suzi; Aitken, Andrew; Grimes, Arthur - EconWPA - 2004
New Zealand is unusual in that nearly 60% of local services are funded from property taxes. These are a mixture of land … taxes, capital value taxes, annual rental value taxes and uniform general charges. We explore the efficiency and equity of … efficient or equitable. We find that land taxes are more progressive than capital value taxes. Our research also addresses local …