America's regressive wealth tax: state and local property taxes

被引：3

作者：

Levinson, Arik ^{[1
,2
]}

机构：

[1] Georgetown Univ, Washington, DC 20057 USA

[2] NBER, Washington, DC USA

来源：

APPLIED ECONOMICS LETTERS | 2021年 / 28卷 / 14期

关键词：

Property taxes; distribution; equity; inequality;

D O I：

10.1080/13504851.2020.1807458

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Most taxes in the United States are levied on income flows, not capital stocks. One notable exception is state and local property taxes. This note documents their magnitude and regressivity. Property taxes account for more than 30% of state and local tax revenue, and amount to an effective wealth tax rate of 0.86% on the assets of the median US homeowner. The effective property-wealth tax rates are highest for younger, lower-income homeowners.

引用

页码：1234 / 1238

页数：5

共 50 条

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