Portfolio Substitution and the Revenue Cost of the Federal Income Tax Exemption for State and Local Government Bonds
This paper illustrates how different assumptions about household portfolio behavior influence estimates of the amount of individual income tax revenue that would be collected if the interest tax exemption for state and local government bonds was repealed or scaled back. Using data from the 2004 Surv...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
National Tax Association-Tax Institute of America
2011
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| Online Access: | http://hdl.handle.net/1721.1/61961 https://orcid.org/0000-0003-3532-0998 |