By using this website you allow us to place cookies on your computer. Please read our Privacy Policy for more details.
Publication Date: October 1982
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Richard 8. McKenzie
Research Area: Banking and finance; Government
Keywords: Taxes
Type: Report
Abstract:
The purpose of this paper is limited t o sorting out the theoretical and working relationship between federal aid and the tax levels of subordinate governments. More specifically , the analysis provides the basis for predicting the effects of both reducing the funding level of fiscal federalism and shifting from categorical t o block grants. Additional research will involve empirical tests of the predictions developed here.