2010/03/01 by Elizabeth Plummer · 1 citation
Economics, Econometrics and Finance · Business, Management and Accounting · #Housing Market and Economics #Financial Literacy, Pension, Retirement Analysis #Fiscal Policy and Economic Growth #Capitalization #Property tax #Economics #Property value #Tax credit #Sample (material) #Equity (law) #Ad valorem tax #Value-added tax #Income tax #Demographic economics #Tax reform #Public economics #Finance
paper · doi:10.17310/ntj.2010.1.03
openalex publication_date 2010/03/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/04/05
This study examines how replacing a uniform property tax with a land value tax (LVT) would shift the tax burden for single-family residential properties in Tarrant County, Texas, over the period 1997-2006. Results suggest that a LVT would shift the tax burden away from single-family properties and on to other property classes. For the more recent years in the sample, the average tax liability for single-family properties would decrease about 30 percent, regardless of household income, and Suits Indices suggest that, within residential properties, a LVT would be slightly more progressive than a property tax. Horizontal equity problems would be greatest for the lowest-valued properties relative to other properties. This study also examines how a LVT would change property values due to the effects of tax capitalization.