THE EFFECT OF TAX PRICE ON VOTER CHOICE IN LOCAL SCHOOL REFERENDA: SOME NEW EVIDENCE FROM MICHIGAN

A number of logit models are presented to explain voter choice for a referendum considering a new high school building. Various formulations of marginal tax price and a relative tax price are presented. Empirical results indicate (i) voters (property owners) react to Michigan's property tax cre...

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Bibliographic Details
Published inNational tax journal Vol. 43; no. 1; pp. 53 - 60
Main Authors BROKAW, ALAN J., GALE, JAMES R., MERZ, THOMAS E.
Format Journal Article
LanguageEnglish
Published Chicago, Ill National Tax Association 01.03.1990
The University of Chicago Press
University of Chicago Press
Subjects
Assessed values
Homesteads
Income taxes
Mathematical models
Polls & surveys
Property ownership
Property taxes
Real property taxes
School districts
School taxes
Schools
State court decisions
State income tax
Statistical data
Tax credits
Tax rates
Taxpaying
Voter behavior
Voters
Voting
United States > US
Michigan
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Summary:A number of logit models are presented to explain voter choice for a referendum considering a new high school building. Various formulations of marginal tax price and a relative tax price are presented. Empirical results indicate (i) voters (property owners) react to Michigan's property tax credit, (ii) an improved tax price variable results from accounting for the differences between voters' total assessed value of property and the assessed value of their homestead within the taxing jurisdiction, and (iii) voters react to the rate of change in taxes as well as the increase in the amount paid.
ISSN:0028-0283
1944-7477
DOI:10.1086/NTJ41788824