Apocalypse Now? Fundamental Tax Reform and Residential Housing Values / Donald Bruce, Douglas Holtz-Eakin.

Format:

Book

Author/Creator:

Bruce, Donald.

Contributor:

National Bureau of Economic Research.

Holtz-Eakin, Douglas.

Series:

Working Paper Series (National Bureau of Economic Research) no. w6282.

NBER working paper series no. w6282

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1997.

Summary:

Using a simulation model crafted to integrate the short-run and long-term impacts of tax" reform on the housing market, we find modest impacts from fundamental reform of the Federal" income tax. These results suggest that concerns over the impact of tax reform on housing values" and household net worth are overstated. To the extent that reform is otherwise desirable drastic effects on the housing market should not stand as an impediment to reform."

Notes:

Print version record

November 1997.