Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 18 August 2019

Abstract and Keywords

From broad-based taxes on sales and income and employer payrolls, to fees and charges on school lunches, medical equipment, parking, etc., few topics take us into more aspects of public economics than the study of local revenue diversification. This article provides a thorough review of this topic, bringing to the discussion new data as well as some new evidence on the measurement of the degree of revenue diversity among the states. The article begins with a set of measures as to the growth of the level and degree of revenue diversification by type of government, and, from there, it addresses the questions of “why diversify,” where diversification works well, and where, in contrast, it has led to unintended negative outcomes. It presents several reasons that justify local revenue diversification, beginning with the fundamental proposition that, just as is true for nations and states, different localities have different revenue-raising capacities.

Keywords: revenue diversification, user charges, sales taxes, income taxes, revenue-raising capacity, broad-based taxes

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.