Tax and expenditure limits, school finance, and school quality

Thomas A. Downes, David N Figlio

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (Scopus)

Abstract

INTRODUCTION While the preponderance of tax and expenditure limits (TELs) currently in place date back to either the “tax revolt” of the late 1970s and early 1980s or to a second minirevolt in the early 1990s, the combination of rapidly escalating real estate prices prior to the Great Recession and continued growth in property tax bills during the Great Recession led to numerous recent efforts to control the growth of state and local revenues. Since 2004, Taxpayers’ Bills of Rights (TABORs) have been promoted in 30 states. While none of these efforts have been successful, and the model for these proposals, Colorado’s TABOR, was rolled back in 2005, these efforts make clear that the goal of these TABORs-to provide tax relief for populations feeling increasingly burdened by tax collections, particularly the property tax-retains considerable popular support. Th us, while few new TELs have been enacted in the 21st century, the fiscal environment throughout the United States appears ripe for new fiscal constraint proposals. In fact, New York State enacted a property tax cap in 2011.

Original languageEnglish (US)
Title of host publicationHandbook of Research in Education Finance and Policy, Second Edition
PublisherTaylor and Francis
Pages392-407
Number of pages16
ISBN (Electronic)9781135041069
ISBN (Print)9780415838016
DOIs
StatePublished - Jan 1 2014

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taxes
property tax
finance
expenditures
recession
school
tax relief
revolt
real estate
bill
revenue

ASJC Scopus subject areas

  • Social Sciences(all)

Cite this

Downes, T. A., & Figlio, D. N. (2014). Tax and expenditure limits, school finance, and school quality. In Handbook of Research in Education Finance and Policy, Second Edition (pp. 392-407). Taylor and Francis. https://doi.org/10.4324/9780203788684
Downes, Thomas A. ; Figlio, David N. / Tax and expenditure limits, school finance, and school quality. Handbook of Research in Education Finance and Policy, Second Edition. Taylor and Francis, 2014. pp. 392-407
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Downes, TA & Figlio, DN 2014, Tax and expenditure limits, school finance, and school quality. in Handbook of Research in Education Finance and Policy, Second Edition. Taylor and Francis, pp. 392-407. https://doi.org/10.4324/9780203788684

Tax and expenditure limits, school finance, and school quality. / Downes, Thomas A.; Figlio, David N.

Handbook of Research in Education Finance and Policy, Second Edition. Taylor and Francis, 2014. p. 392-407.

Research output: Chapter in Book/Report/Conference proceedingChapter

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Downes TA, Figlio DN. Tax and expenditure limits, school finance, and school quality. In Handbook of Research in Education Finance and Policy, Second Edition. Taylor and Francis. 2014. p. 392-407 https://doi.org/10.4324/9780203788684