Logo Logo

Growth and Variability of State Individual Income and General Sales Taxes, National Tax Journal

Abstract

Two important characteristics of state tax systems are the trend growth rate and cyclical variability of tax revenues. We use national aggregate time series data to estimate the trend rate of growth and the deviation from trend for several components of state general sales and individual income tax bases. The results indicate great variety in growth and variability characteristics across tax base components. One important finding is that growth and variability are sometimes inversely related. Another interesting finding is that, depending on structural design, income taxes can be more stable than sales taxes.

Type

Article

Author(s)

Richard F. Dye, Therese J. McGuire

Date Published

1991

Citations

Dye, F. Richard, and Therese J. McGuire. 1991. Growth and Variability of State Individual Income and General Sales Taxes. National Tax Journal. 44(1): 55-66.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more