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The Effect of Personal Property Tax Repeal on Pennsylvania’s Real Estate Tax Growth and Stability

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  • Stine, William F.

Abstract

A key question in tax repeal decisions facing state and local governments concerns how potential revenue loss will affect other taxes. Repeal of the personal property tax has been optional for Pennsylvania counties since 1978. This paper investigates the growth and stability of the real estate tax during this era in 66 counties. Its main contribution is that it provides a natural experiment for testing whether the loss of a significant revenue component affected the adequacy of another tax. The estimation results suggest that tax repeal resulted in higher growth and greater variability of real estate taxes. Further, most counties had significant real estate tax growth over the long-run. However, few were cyclically responsive to short-run changes in income.

Suggested Citation

  • Stine, William F., 2003. "The Effect of Personal Property Tax Repeal on Pennsylvania’s Real Estate Tax Growth and Stability," National Tax Journal, National Tax Association;National Tax Journal, vol. 56(1), pages 45-60, March.
    • Handle: RePEc:ntj:journl:v:56:y:2003:i:1:p:45-60
    DOI: 10.17310/ntj.2003.1.03
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    1. Beach, Charles M & MacKinnon, James G, 1978. "A Maximum Likelihood Procedure for Regression with Autocorrelated Errors," Econometrica, Econometric Society, vol. 46(1), pages 51-58, January.
    2. Zimmermann, Ekkart, 1998. "The Radical Right in Western Europe: A Comparative Analysis. By Herbert Kitschelt. Ann Arbor: University of Michigan Press, 1995. 332p. $49.50," American Political Science Review, Cambridge University Press, vol. 92(1), pages 250-252, March.
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    Cited by:

    1. Tomomi Miyazaki & Motohiro Sato, 2019. "Property Tax Reform and Land Use: Evidence from Japan," Working Papers 181905, University of California-Irvine, Department of Economics.
    2. Day‐Yang Liu & Hsin‐Hsin Yao & Wen‐Min Lu & Cheng‐Hsien Lin, 2020. "Impulse response function analysis of the impacts of land value‐added tax policy on government performance," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 1020-1032, September.
    3. Sian Mughan & Geoffrey Propheter, 2017. "Estimating the Manufacturing Employment Impact of Eliminating the Tangible Personal Property Tax: Evidence From Ohio," Economic Development Quarterly, , vol. 31(4), pages 299-311, November.
    4. Miyazaki, Tomomi & Sato, Motohiro, 2022. "Property tax and farmland use in urban areas: Evidence from the reform in the early 1990s in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 63(C).
    5. David Feldman & Robert Archibald, 2009. "Revealed preferences for car tax cuts: an empirical study of perceived fiscal incidence," Applied Economics, Taylor & Francis Journals, vol. 41(12), pages 1495-1500.
    6. MIYAZAKI Tomomi & SATO Motohiro, 2018. "Property Tax and Land Use: Evidence from the 1990s reforms in Japan," Discussion papers 18072, Research Institute of Economy, Trade and Industry (RIETI).

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