Local governments are under pressure to develop alternative revenue sources to their property tax bases. Among their responses has been an increased reliance on local sales taxes. This study examines the impact of local sales taxes on the value of owner-occupied housing in the Phoenix...

Tax increment financing (TIF) has been widely adopted as an economic development tool by municipalities. This study estimates a structural probit model of municipal TIF adoption decisions using data drawn from cities in Indiana. It provides empirical evidence that factors such as fiscal...

Analysis of the effects of property tax differentials on commercial real estate values in and around cities. Examination of sales data from the Phoenix area (1985-88) shows that effective property tax differentials have a significant negative effect on commercial real estate.

Tax increment financing (TIF) has been adopted widely by municipalities in the United States as an economic development tool. Despite the large number of state initiatives and TIF's increasing popularity, few statistical studies have been con ducted to examine the direct effect of the TIF...