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Title: State Tax Policy: A Political Perspective by David Brunori ISBN: 0-87766-703-9 Publisher: Urban Institute Press Pub. Date: July, 2001 Format: Paperback Volumes: 1 List Price(USD): $25.00

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Average Customer Rating: 3 (2 reviews)

Rating: 1
Summary: No Connection with Reality
Comment: On page 6 the errors begin. Brunori suggests that the federal government has been funding education. Wrong. The entire book paints a picture divorced from the reality of legislative politics and reveals a total ignorance of the information--from experts and the general citzenry--upon which legislators base their decisions. I speak from 21 years of legislative experience.

Rating: 5
Summary: Complex State Tax Topics Explained and Analyzed
Comment: This is an excellent book that takes complex topics of state government taxation and makes them understandable. We learn the abilities and limitations of tax systems that were basically designed in the 19th century and how they respond to 21st century challenges. These are tax systems designed upon a manufacturing economy that has diminished. Along with the devolution of Federal government programs to the states over the past two decades, state governments need to find secure revenue bases to keep state government services operational.
The shifting of public services responsibility to states has awakened the corporate world. 1981 marked the first year that corporations paid more in state taxes than in Federal taxes. Thus, corporations have increased lobbying pressures on state governments. Numerous tax breaks have been afforded to businesses by states.
States find themselves pitted against each other in near-death spirals of competing against each other in offering tax breaks to attract businesses away from other states. Unfortunately, the differences in state taxes have been found to matter little in business location decisions.
State governments have become dependant more upon personal income tax revenues. 1998 marked the first year since the 1930s that revenues from personal sales taxes were greater than revenues from sales taxes. This reflects our changing world, as tax exempt services are an increasing part of our purchases.
The growth in personal income tax share of state tax revenues has been dramatic: it was 9% in 1950 and 19% in 1970 before reaching 34% in 1998. Sales and use taxes account for almost one third and corporate income taxes account for 6% of all state tax revenues. All state tax collections account for about 40% of what states need for their budgets. The rest is gained through federal funds, lotteries, litigation (including the tobacco settlement), license fees, and selling unclaimed properties.
This book shows would state government leaders should do to examine their taxes, reevaluate their policies, and realize where tax burdens falls. This is an excellent book for people wishing to learn the structure of what keep state governments functional.

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Title: Tax Justice: The Ongoing Debate by Joseph J. Thorndike, Dennis J. Ventry ISBN: 0877667071 Publisher: Urban Institute Press Pub. Date: November, 2002 List Price(USD): $29.50