Homestead Exemptions, Heterogeneous Assessment, and Property Tax Progressivity

IF 1.8 3区经济学 Q2 BUSINESS, FINANCE

National Tax Journal Pub Date : 2022-02-03 DOI:10.1086/717587

K. Ihlanfeldt, L. Rodgers

引用次数: 2

Abstract

Homestead exemption policies are ostensibly intended to reduce the property tax burden of lower-income homeowners. Because assessment rates tend be lower for higher-priced homes, the opposing effects of exemptions and regressive assessments can result in either a regressive or progressive property tax. Using 2018 data on all single-family homes in Florida, we find that in the majority of counties, the homestead exemption dominates regressive assessment, resulting in a progressive tax. We also explore how progressivity would be affected by modifying current features of the property tax, including the homestead exemption take-up rate, the cap on valuation growth, and regressive assessments.

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宅基地豁免，异构评估和财产税累进

宅地免税政策表面上是为了减轻低收入房主的财产税负担。由于价格较高的房屋的评估率往往较低，豁免和累退评估的相反效果可能导致累退或累进财产税。使用2018年佛罗里达州所有单户住宅的数据，我们发现，在大多数县，宅地豁免占累退评估的主导地位，导致累进税。我们还探讨了如何通过修改房产税的当前特征来影响累进性，包括宅基地豁免率、估值增长上限和累退评估。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

National Tax Journal Multiple-

CiteScore

3.40

自引率

11.80%

发文量

期刊介绍： The goal of the National Tax Journal (NTJ) is to encourage and disseminate high quality original research on governmental tax and expenditure policies. Articles published in the regular March, June and September issues of the journal, as well as articles accepted for publication in special issues of the journal, are subject to professional peer review and include economic, theoretical, and empirical analyses of tax and expenditure issues with an emphasis on policy implications. The NTJ has been published quarterly since 1948 under the auspices of the National Tax Association (NTA). Most issues include an NTJ Forum, which consists of invited papers by leading scholars that examine in depth a single current tax or expenditure policy issue. The December issue is devoted to publishing papers presented at the NTA’s annual Spring Symposium; the articles in the December issue generally are not subject to peer review.