Helpful local surtaxes? Florida and disadvantaged families

Well-intended tax policy often produces unintended consequences. In this article, we look at one such tax policy, specialised surtaxes in the State of Florida. Surtaxes are frequently adopted to provide financial assistance to poverty-based local programmes and services. Despite the intended benefit...

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Bibliographic Details
Published in:Local government studies 2017-04, Vol.43 (2), p.170-193
Main Authors: Eger, III, Robert J., McDonald, III, Bruce D., Miller, D. Ryan
Format: Article
Language:English
Subjects:
Antipoverty programs
Disadvantaged
Financial services
Fiscal policy
Florida
Low income groups
Municipal taxation
Poverty
property costs
Property tax
Public finance
Revenue
Services
Surtax
Surtaxes
Tax policy
United States
Welfare
welfare programmes
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Summary:Well-intended tax policy often produces unintended consequences. In this article, we look at one such tax policy, specialised surtaxes in the State of Florida. Surtaxes are frequently adopted to provide financial assistance to poverty-based local programmes and services. Despite the intended benefits, we show that the contributors of the tax have been able to capitalise the cost into the residential property market, ultimately placing the burden of the surtax upon the population its revenue intends to help.
ISSN:0300-3930
1743-9388
DOI:10.1080/03003930.2016.1263188