Journal Article

State-local business taxation and the benefits principle

Abstract: This article advances the proposition that general business taxation should be structured to recover the costs of public services rendered to the business community. Estimates of one possible form of such a tax structure are offered for states of the Seventh District and for other U.S. regions.

Keywords: Corporations - Taxation; Local finance; Taxation;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 1996

Volume: 20

Issue: Jan