Curious on the best approach to analyze the economic impact of two competing state tax reduction proposals? One would be a $100M reduction in property taxes and the other would be a $100M reduction in income taxes. We'd need to make sure the impact accounted for the varying household characteristics and how businesses would be impacted. Thoughts? The closest thing I've come up with so far was a study done in Nebraska by a custom-built (for their state) CGE model that can be found at the link below. I realize that IMPLAN is not a CGE and there are some limitations to that when looking at an impact such as this, but could use some guidance. Thanks! http://www.revenue.nebraska.gov/research/burden/2012_Tax_Burden_Study.pdf
Please sign in to leave a comment.