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On Tax Increase Limitations: Part I - A Costly IncoherenceDavid GamageUniversity of California, Berkeley - Boalt Hall School of Law Darien ShanskeUniversity of California Hastings College of the Law December 19, 2011 State Tax Notes, Vol. 62, No. 12, 2011 Abstract: In this essay, the first of a series, we explore the theoretical implications of one particular type of fiscal limitation on state legislatures - namely, special rules limiting tax increases. In this first essay we will explore the analytic soundness of these tax increase limitations (TILs). In future essays in this series we will analyze some of the consequences of TILs and in particular how they can be 'evaded.' We will argue over the course of this series of essays that because there is no meaningful content to the term 'tax increase' as it is used in TILs, legislative majorities that wish to do so can readily circumvent TILs. We will then propose alternatives to TILs to better promote fiscal management at the state and local levels.
Number of Pages in PDF File: 5 Keywords: tax increase, tax, balanced budget, tax expenditure, state and local tax. budget, fiscal policy Accepted Paper SeriesDate posted: December 21, 2011Suggested CitationContact Information
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