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Article: The effect of personal property tax repeal on Pennsylvania's real estate tax growth and stability.
- Article from:
- National Tax Journal
- Article date:
- March 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 National Tax Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The tax repeal decision often centers around the revenue adequacy of other revenue sources. The intangible personal property tax has been optional for Pennsylvania county governments since 1978. By 1992, 27 of Pennsylvania's 66 counties had repealed the personal property tax. The data set in this study offers a unique opportunity to conduct a natural experiment testing for the separate treatment effects of tax repeal. The period of this study includes years before personal property tax repeal was optional (pre-1978). Therefore, all Pennsylvania counties at some point had experience with levying the personal property tax and faced the repeal option. This is unlike most ...