资本利得税实现对国家所得税收入和预算条件的影响

IF 0.9 Q4 PUBLIC ADMINISTRATION

Public Budgeting and Finance Pub Date : 2011-12-01 DOI:10.1111/J.1540-5850.2011.00991.X

D. Sjoquist, Andrew V. Stephenson, S. Wallace

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引用次数: 4

摘要

我们探讨了在20世纪90年代和21世纪初，资本利得实现的快速增长对州所得税收入的影响，以及这对使用这些收入的州财政决策的影响。我们发现各州资本收益实现的增长存在很大差异，并且资本收益的增长对许多州的州所得税收入产生了重大影响。我们发现，在收入产生的当年，各州将相当大一部分来自资本利得的额外收入用于基金储备，资本利得收入导致了税收的减少，但没有增加支出。有证据表明，各州在使用与资本利得相关的收入方面较为保守。

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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The Impact of Tax Revenue from Capital Gains Realizations on State Income Tax Revenue and Budget Conditions

We explore the effect of the rapid increase in capital gains realizations on state income tax revenue during the 1990s and 2000s, and the effect that this had on state fiscal decisions regarding the use of these revenue. We find wide variation in the growth of capital gains realizations across states and that the growth in capital gains had a significant effect on state income tax revenue for many states. We find that states used a sizable portion of the additional revenue from capital gains to fund reserves in the year the revenue was generated, and that capital gains revenue lead to some reductions in taxes but not to increases in expenditures. The evidence suggests that states were conservative in their use of capital gains related revenues.

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来源期刊

Public Budgeting and Finance PUBLIC ADMINISTRATION-

CiteScore

2.10

自引率

14.30%

发文量

期刊介绍： Public Budgeting & Finance serves as a forum for the communication of research and experiences on all facets of government finance and provides meaningful exchange between research from universities, private and nonprofit research institutes, practitioners in public financial markets, government agencies, and the experience of those who practice government budgeting and finance. Researchers, practitioners, and teachers of applied government finance turn to Public Budgeting & Finance to find understandable, reliable, and thoughtful analysis of issues important in the field. The content of the journal spans the spectrum of budget process and policy and financial management, is never limited to one level of government or even to one country, and always even-handedly crosses disciplines and approaches in applied government finance.