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The Agricultural Sector and Horizontal Equity of the Property Tax: A Historical Look
Published online by Cambridge University Press: 10 May 2017
Extract
The property tax continues to play a major role in raising public revenues at the local level. While this tax contributed only 15.1 percent of all governmental (Federal, State and local) tax revenue in fiscal 1974, it accounted for 35.3 percent of local general revenue and 82.2 percent of all local tax revenue. It also continues to be especially important as a source of revenue for local schools with 57.4 percent of all local property taxes going to support local schools in 1969–70–the latest year for which data are available.
- Type
- Research Article
- Information
- Journal of the Northeastern Agricultural Economics Council , Volume 5 , Issue 2 , October 1976 , pp. 89 - 101
- Copyright
- Copyright © Northeastern Agricultural and Resource Economics Association