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New development: Evaluating state revenue portfolio stability—a case of commercial casino taxes

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  • Chimezie Ozurumba
  • Younhee Kim

Abstract

State governments in the USA are searching for new ways to diversify their tax structure’s stability without raising existing taxes. Taxing commercial casinos on non-American Indian reservations has received significant attention to increase state revenue capacities. This article explains the impact of commercial casino tax revenue on state revenue stability.

Suggested Citation

  • Chimezie Ozurumba & Younhee Kim, 2017. "New development: Evaluating state revenue portfolio stability—a case of commercial casino taxes," Public Money & Management, Taylor & Francis Journals, vol. 37(7), pages 521-526, November.
    • Handle: RePEc:taf:pubmmg:v:37:y:2017:i:7:p:521-526
    DOI: 10.1080/09540962.2017.1372115
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    References listed on IDEAS

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    1. Douglas M. Walker, 2007. "The Economics of Casino Gambling," Springer Books, Springer, number 978-3-540-35104-7, December.
    2. Terance J. Rephann & Margaret Dalton & Anthony Stair & Andrew Isserman, 1997. "Casino Gambling as an Economic Development Strategy," Tourism Economics, , vol. 3(2), pages 161-183, June.
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    5. Harry Markowitz, 1952. "Portfolio Selection," Journal of Finance, American Finance Association, vol. 7(1), pages 77-91, March.
    6. Rajiv Mallick & Oskar Ragnar Harmon, 1994. "Portfolio Analysis and Vertical Equity: a New York Application," Public Finance Review, , vol. 22(4), pages 418-438, October.
    7. H.L. Brewer & Ronald L. Moomaw, 1985. "A Note on Population Size, Industrial Diversification, and Regional Economic Instability," Urban Studies, Urban Studies Journal Limited, vol. 22(4), pages 349-354, August.
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