Research report

The Economic Growth and Taxpayer Relief Reconciliation Act of 2001 (EGTRRA) phased out the state death tax credit from 2002 to 2004, eliminating it completely for 2005. Prior to EGTRRA, almost all states collected a "pick-up" tax that was equivalent to the federal credit. In 2000, estate and...

August 28, 2006
Leonard E. Burman, Sonya Hoo
Research report

This article summarizes a March 2007 TPC-Northwestern conference examining state and local finances. Reprinted from Lincoln Institute of Land Policy Land Lines October 2007 issue.

September 28, 2007
Susan Kellam, Therese J. McGuire
Research report

The State & Local Finance Initiative’s State Economic Monitor tracks economic-performance data across the states and the District of Columbia, highlighting differences in key indicators including employment, wages, housing, and taxes. This quarter’s report finds the unemployment rate fell in...

January 28, 2015
Richard C. Auxier
Research report

As the US housing market experiences its largest contraction since the Great Depression, the Lincoln Institute of Land Policy and the Urban-Brookings Tax Policy Center took a closer look at the consequences of this crisis for state and local governments in a May 2010 conference.This article...

October 12, 2010
Kim S. Rueben, Serena Lei
Research report

Personal income tax systems vary widely across states, leading to different levels of progressivity. Forty-three states and the District of Columbia have an individual income tax. Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming do not tax personal income, while New...

May 11, 2010
Carol Rosenberg, Kim S. Rueben
Research report

The charitable property tax exemption can have significant revenue implications for municipalities with large nonprofit sectors and heavy reliance on the property tax. Interest in policies to offset these revenue implications has grown because of the growth of the nonprofit sector in recent...

December 9, 2011
Daphne A. Kenyon, Adam H H. Langley
Research report

Recent budget pressures have led many states to cut future pension benefits for state workers. Using New Jersey as a case study, this report describes how these reforms ignore larger employee recruitment and retention issues for today's more mobile workforce. State retirement plans generally do...

July 16, 2012
Richard W. Johnson, C. Eugene Steuerle, Caleb Quakenbush
Research report

This brief presents an overview of residential property taxes. The brief considers recent trends in aggregate property tax revenues and examines the property tax at the county level. Property taxes are an important source of revenue for local governments, though effective property tax rates vary...

November 18, 2013
Benjamin H. Harris, Brian David Moore
Research report

This paper applies tax incidence theory to estimate the distributional effects of the exemption from federal income tax of interest on state and local bonds and the President's proposal to limit the benefit of the exemption to the 28 percent rate. When one accounts for the effects of changes in...

September 27, 2013
Harvey Galper, Joseph Rosenberg, Kim S. Rueben, Eric Toder
Research report

This Tax Fact examines the property tax burden as a share of home value in the United States. Most counties have property tax burdens between 0.5 and 1.5 percent of home value. As a share of home values, counties in the Northeast, parts of the Midwest, and Texas tend to have higher property...

December 4, 2013
Benjamin H. Harris, Brian David Moore