DPA Research & Policy Seminar Series – Yonghong Wu
October 8, 2021
12:00 PM - 1:00 PM
October 8: Yonghong Wu (Public Administration, UIC)
Title: Tax Exporting through Federal Deductibility of State and Local Taxes: A Cross-State Analysis
Abstract:
Federal deductibility of certain state and local taxes (SALT) creates an opportunity for state and local governments to export their deductible taxes. This research estimates the extent to which a state can export its tax burden to the federal government in the form of foregone federal income tax revenue or tax expenditure. In addition, the regression results show that a state with higher levels of deductible taxes exports more of its tax burden, and the recent federal tax reform helps reduce the exportability of state and local taxes. The empirical findings from this study shed light on the ongoing debate on federal policies constraining the deductibility of certain state and local taxes.
https://uic.zoom.us/j/83877739948?pwd=RnRUMTRzMFk0ajBIbW1wcXIrQW5uZz09
Meeting ID: 838 7773 9948
Passcode: zQ11BDR2
Date posted
Sep 2, 2021
Date updated
Sep 30, 2021