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Results

1. The Continuing Redistribution of Fiscal Stress

   The Long Run Consequences of Proposition 13
   Documentos de trabajo
   Enero 1998
   Jeffrey I. Chapman

   The paper begins to examine some of the long-run implications of the passage of Proposition 13—a significant California property tax reduction initiative that passed in 1978. The particular...

2. Price Volatility and Property Tax Limitations

   Revista Land Lines
   Enero 1998
   Joan Youngman

   The potential for sharp and unpredictable assessment increases is an important source of dissatisfaction with the property tax. Rapid price rises that are accurately and promptly reflected in...