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A New View of the Incidence of the Property Tax: the Case of New Jersey

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  • Oskar Ragnar Harmon

    (New York State Legislative Tax Study University of Connecticut, Stamford)

Abstract

State and local legislators in the 1990s face difficult choices concerning the appro-priate mix of state and local taxes. Essential to making informed decisions is an understanding of the distributional effects of existing sources of tax revenues. Unfortunately, in this regard the literature on the New View of property tax incidence has overlooked the issue of the incidence of the property tax at the statewide level. This study applies the New View tax incidence model to analyze the distributional effects of the property tax in New Jersey. The results suggest that in a state with property-tax rates above the national average—and with most of the tax base in residential property—the statewide incidence of the property tax is proportional.

Suggested Citation

  • Oskar Ragnar Harmon, 1989. "A New View of the Incidence of the Property Tax: the Case of New Jersey," Public Finance Review, , vol. 17(3), pages 323-348, July.
    • Handle: RePEc:sae:pubfin:v:17:y:1989:i:3:p:323-348
    DOI: 10.1177/109114218901700305
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    References listed on IDEAS

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    6. Nonna A. Noto, 1978. "Uniformity in assessment: High on the list of property tax reforms," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 13-23.
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