Tax reform and federal subsidy of the state-local sector

Zimmerman, Dennis (Author)

1985

Library of Congress. Congressional Research Service

This report explains the economic rationales for Federal subsidy of public spending by the State-local sector and evaluates the changes in deductibility of State-local taxes proposed by the Treasury, Bradley-Gephardt, and Kemp-Kasten tax reform plans for consistency with these rationales.

Abstract -- Introduction -- Federal Subsidy of State-Local Provision of Public Goods. What Justifies State-Local Provision? ; Why Should the Federal Government Subsidize State-Local Provision? ; Identifying the State-Local Goods to be Subsidized -- Is State-Local Tax Deductibility Consistent with the Economic Rationales for Federal Subsidy?. History of State-Local Tax Deductibility ; Eliminating Deductibility of All Taxes ; Eliminating Deductibility of Selected Taxes -- Conclusions.

Dennis Zimmerman, Specialist in Public Finance, Economics Division.

CRS 85-515 E

"January 28, 1985."

SuDoc# 14. 18/3

eng

1985-01-01T00:00:00Z

34 pages

book

text