Author: Gary Sands
Publisher:
ISBN: 9781558443792
Category :
Languages : en
Pages :
Book Description
This report outlines the problems underlying the erosion of Detroit's property taxbase--a factor that contributed to the city's bankruptcy in 2013. It offers recommendationsfor reform at the local and state level, as well as insight and analysis to help policymakers across the country protect their communities from economic decline.
Detroit and the Property Tax
Author: Gary Sands
Publisher:
ISBN: 9781558443792
Category :
Languages : en
Pages :
Book Description
This report outlines the problems underlying the erosion of Detroit's property taxbase--a factor that contributed to the city's bankruptcy in 2013. It offers recommendationsfor reform at the local and state level, as well as insight and analysis to help policymakers across the country protect their communities from economic decline.
Publisher:
ISBN: 9781558443792
Category :
Languages : en
Pages :
Book Description
This report outlines the problems underlying the erosion of Detroit's property taxbase--a factor that contributed to the city's bankruptcy in 2013. It offers recommendationsfor reform at the local and state level, as well as insight and analysis to help policymakers across the country protect their communities from economic decline.
Property Tax in Detroit
Author: Karl D. Gregory
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 92
Book Description
A staff memorandum prepared for the Citizens Income Tax Study Committee of the City of Detroit.
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 92
Book Description
A staff memorandum prepared for the Citizens Income Tax Study Committee of the City of Detroit.
Detroit and the Property Tax
Author: Gary Sands
Publisher:
ISBN: 9781558443419
Category : Real property tax
Languages : en
Pages : 0
Book Description
This report outlines the problems underlying the erosion of Detroit's property tax base--a factor that contributed to the city's bankruptcy in 2013. It offers recommendations for reform at the local and state level, as well as insight and analysis to help policy makers across the country protect their communities from economic decline.
Publisher:
ISBN: 9781558443419
Category : Real property tax
Languages : en
Pages : 0
Book Description
This report outlines the problems underlying the erosion of Detroit's property tax base--a factor that contributed to the city's bankruptcy in 2013. It offers recommendations for reform at the local and state level, as well as insight and analysis to help policy makers across the country protect their communities from economic decline.
Property tax exporting in the Detroit urban area
Author: James Wilfred Haughey
Publisher:
ISBN:
Category :
Languages : en
Pages : 158
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 158
Book Description
City of Detroit v. State Tax Commission, 369 MICH 508 (1963)
Detroit Property Tax Delinquency - Social Contract in Crisis
PROPERTY TAX EXPORTING IN THE DETROIT URBAN AREA: ESTIMATES FOR 1965-1966
Author: JAMES WILFRED HAUGHEY
Publisher:
ISBN:
Category :
Languages : en
Pages : 163
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 163
Book Description
Property Tax Delinquency - Social Contract in Crisis
Author: James Alm
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
"In this paper we develop a theoretical model of the individual decision to become delinquent on one's property tax payments. e then apply the model to the City of Detroit, Michigan, USA, where the city is in the midst of bankruptcy proceedings, and a rate of property tax delinquency of 48 percent, resulting in uncollected tax revenues of about 20 percent. We use detailed parcel-level data for Detroit to evaluate the factors that affect both the probability that a property owner is tax delinquent and, conditional upon delinquency, the magnitude of the delinquency. Our estimates show that properties that have lower value, longer police response times, are non-homestead (non-owner occupied residential properties), have a higher statutory tax rate, have a higher assessed value relative to sales price, are owned by a financial institution or by a Detroit resident, are delinquent on water bills, and for which the probability of enforcement is low are more likely to be tax delinquent These findings can be used to inform policies targeted at improving tax compliance within the City. Key Words:roperty Tax, Delinquency, Tax Compliance"--Page 1.
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
"In this paper we develop a theoretical model of the individual decision to become delinquent on one's property tax payments. e then apply the model to the City of Detroit, Michigan, USA, where the city is in the midst of bankruptcy proceedings, and a rate of property tax delinquency of 48 percent, resulting in uncollected tax revenues of about 20 percent. We use detailed parcel-level data for Detroit to evaluate the factors that affect both the probability that a property owner is tax delinquent and, conditional upon delinquency, the magnitude of the delinquency. Our estimates show that properties that have lower value, longer police response times, are non-homestead (non-owner occupied residential properties), have a higher statutory tax rate, have a higher assessed value relative to sales price, are owned by a financial institution or by a Detroit resident, are delinquent on water bills, and for which the probability of enforcement is low are more likely to be tax delinquent These findings can be used to inform policies targeted at improving tax compliance within the City. Key Words:roperty Tax, Delinquency, Tax Compliance"--Page 1.