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    DougO
    IBT payment to property taxes include all recipients of real estate property tax - school, city and county and any other taxing districts. Household property tax only include personal property taxes such as on cars, boats and planes. Local taxes are not separated, the report shows it for state and local combined.
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    KSharpe
    If a new commercial development creates 400 jobs and I assume 25% of the jobs go to new residents, can I do a model run to measure the impact of these new households, in addition to the impact of the new commercial dvpmt? Or would this be doublecounting benefits? I am trying to capture the tax revenue generated by these new households, that might offset the additonal school enrollment from the children of new resident employees.
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    DougO
    That would double count the labor income. Input-Output treats all new income as additional income to the region. If people shift jobs, it leaves the opportunity for someone else to shift into the abandoned jobs. All demand requires employment to satisfy the demands. New demand means new labor income. There is a little squishiness if the new employment comes from people on unemployment - as the net change in income is not the full salary - but that is temporary as people on unemployment would either have lost benefits or left the labor market.
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