IDEAS home Printed from https://ideas.repec.org/a/jre/issued/v39n12017p39_64.html
   My bibliography  Save this article

Connecticut's Land Value Taxation Public Act: Who Would Bear the Burden?

Author

Listed:
  • Jeffrey P. Cohen

    (University of Connecticut)

  • Michael J. Fedele

    (Fedele Group LLC)

Abstract

Land value taxation or split-rate taxation (SRT) in Connecticut is close to reality with Public Act 15-184. We simulate short-run tax burdens for property owners in two Connecticut cities when moving from a uniform property tax to SRT. We examine whether higher valued property owners face higher tax increases when moving to SRT. A major contribution is our examination of horizontal equity with revenue-neutral SRT in a city's sub-sections, which this Connecticut legislation allows. We find the shift in tax burden among property classes is unique to individual neighborhoods. This highlights the importance of considering city sub-sections for implementing SRT.

Suggested Citation

  • Jeffrey P. Cohen & Michael J. Fedele, 2017. "Connecticut's Land Value Taxation Public Act: Who Would Bear the Burden?," Journal of Real Estate Research, American Real Estate Society, vol. 39(1), pages 39-64.
    • Handle: RePEc:jre:issued:v:39:n:1:2017:p:39_64
    as

    Download full text from publisher

    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol39n01/9869-02.39_64.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yang, Zhou, 2018. "Differential effects of land value taxation," Journal of Housing Economics, Elsevier, vol. 39(C), pages 33-39.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:39:n:1:2017:p:39_64. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: JRER Graduate Assistant/Webmaster (email available below). General contact details of provider: http://www.aresnet.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.