Download or read book Are Property Taxes Forcing the Elderly Out of Their Homes written by Rebecca Boldt and published by . This book was released on 2010 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: An often-heard justifications state policymakers give for enacting property tax limitations is the assertion that without such limits rising property taxes would force many elderly homeowners to sell their homes. Surprisingly, there has been relatively little empirical research aimed at determining whether the property tax does in fact drive elderly homeowners from their homes. In this paper, we estimate a probit model of the decision to move using a large panel data set that includes data on annual changes in property tax liabilities of all homeowners in Wisconsin. We find that for homeowners under the age of 80, increases in the property tax have almost no impact on decisions to move. Only for homeowners above the age of 79, do large increases in property taxes increase the probability of moving. Even for this group of old elderly, the impact of increases in property taxes on decisions to move is small. We estimate that in 2005, only 1 in 600 Wisconsin homeowners over the age of 79 moved because their property taxes grew at an above-median rate.

Download or read book Property Taxes and Elderly Labor Supply written by Hui Shan and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent housing market boom in the U.S. has caused sharp increases in residential property taxes. Anecdotal evidence suggests that rising property taxes have induced elderly homeowners to increase their labor supply. This paper uses 1992-2004 panel data from the Health and Retirement Study (HRS) as well as a newly collected dataset on state-provided property tax relief programs to investigate the effect of property taxes on the labor supply of elderly homeowners. It is the first rigorous study on the link between property taxes and elderly labor supply. I examine both the extensive margin - whether elderly homeowners delay retirement or reenter the labor market in the face of rising property taxes, and the intensive margin - whether elderly homeowners work longer hours when property taxes increase. A simulated IV approach is used to address the potential endogeneity problem associated with property taxes. I find little evidence that property taxes have a significant impact on elderly homeowners' decisions to retire, to re-enter the labor force, or to increase working hours.

Download or read book Housing the Elderly written by Ira S. Robbins and published by . This book was released on 1971 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Property Tax Relief and Reform Act of 1973 written by United States. Congress. Senate. Government Operations and published by . This book was released on 1973 with total page 2098 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Property Tax Relief and Reform Act of 1973 written by United States. Congress. Senate. Committee on Government Operations. Subcommittee on Intergovernmental Relations and published by . This book was released on 1973 with total page 978 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax Policy Housing Markets and Elderly Homeowners written by Hui Shan (Ph. D.) and published by . This book was released on 2008 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) Chapter Three investigates the effect of property taxes on elderly homeowners labor supply decisions, using similar data and empirical strategy employed in Chapter Two. I examine both the extensive margin - whether elderly homeowners' delay retirement or reenter the labor force in the face of rising property taxes, and the intensive margin - whether elderly homeowners work longer hours when property taxes increase. I find little evidence that property taxes have a significant impact on elderly labor supply.

Download or read book Oversight on Area Agency on Aging Concept 1974 written by United States. Congress. Senate. Labor and Public Welfare and published by . This book was released on 1975 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight on Area Agency on Aging Concept 1974 written by United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Aging and published by . This book was released on 1975 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Local Tax Policy written by David Brunori and published by Rowman & Littlefield. This book was released on 2019-07-26 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Tax Policy: A Primer provides the definitive discussion of how local governments raise revenue. The fourth edition addresses the fundamental influences on local tax and revenue policy including interjurisdictional competition, the politics of anti-taxation, and the relationships with state and federal governments. The primary sources of revenue are discussed from a policy perspective noting the pros and cons of the property tax, local sales and income taxes, and nontax revenue such as intergovernmental aid and user fees.

Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1972 with total page 1394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)

Download or read book The 1981 White House Conference on Aging written by and published by . This book was released on 1981 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearings Reports and Prints of the Senate Committee on Government Operations written by United States. Congress. Senate. Committee on Government Operations and published by . This book was released on 1978 with total page 1942 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Regulatory Reform 1974 written by United States. Congress. Senate. Committee on Government Operations and published by . This book was released on 1973 with total page 2076 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing and In house Services written by Michigan. Legislature. Joint Special Committee on Aging and published by . This book was released on 1981 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Retirement Age Policies and Housing for the Elderly in Cleveland Ohio written by United States. Congress. House. Select Committee on Aging and published by . This book was released on 1977 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Stabilization Legislation written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1971 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Stabilization Legislation Hearings Before 92 1 on S 2712 November 1 2 3 4 and 5 1971 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1971 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: