Journal Article
Come the devolution, will states be able to respond?
Abstract: Since the founding of the Republic, Americans have engaged in endless debate about the division of fiscal and regulatory responsibilities among levels of government. The controversy has often involved the concomitant question of the optimal role of government as a whole. The issue has been not only which level of government should do what, but also what government at any level should do.
Keywords: Taxation; Local government; state finances; Revenue; Finance, Public;
Status: Published in Devolution: the new federalism
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Bibliographic Information
Provider: Federal Reserve Bank of Boston
Part of Series: New England Economic Review
Publication Date: 1998
Issue: May
Pages: 53-73