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Provides some preliminary systematic evidence on state spending and presents an abundance of descriptive statistics on spending and on the demographic and economic characteristics of the states.
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Uses national aggregate time series data to estimate the trend rate of growth and the deviation from trend for several components of state general sales and individual income tax bases. The results indicate great variety in growth and variability characteristics across tax base components.
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In 1991, a property tax limitation measure was imposed in five Illinois counties. Dye and McGuire (1997) studied its short–term impact. With the limit now in effect for over a decade and extended to many more counties, we assess its long–term impact. Because jurisdictions brought under the...
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The City of Chicago and the inner suburbs grew much more slowly than the outer suburbs in recent decades. In the central county of the metropolitan area, commercial and industrial property is "classified," in that it is assessed at a higher ratio of market value than residential property....
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