000 01710naa a2200205uu 4500
001 7100515571910
003 OSt
005 20190211163152.0
008 071005s2007 xx ||||gr |0|| 0 eng d
100 1 _aMARTELL, Christine R.
_96708
245 1 0 _aFiscal management implications of the TABOR bind
260 _aMalden, MA :
_bBlackwell Publishers,
_cJuly / Aug.2007
520 3 _aFollowing a wave of state-adopted tax and expenditure limitations (TELs), in 1992 the state of Colorado amended its constitution with the strictest TEL to date. Called the Taxpayer Bill of Rights and known as TABOR, the amendment has limited the size and scope of Colorado governments. Praised as a restraint on unbridled government growth in good economic times, TABOR reared its highly restrictive head as the state economy turned downward. The central issue explored is how binding tax and expenditure limitations affect the state’s ability to weather economic recessions and employ sound fiscal management practices. As in most institutional arrangements, the devil is in the details. The analysis presented here reveals that binding limitations create perverse incentives for budgetary actors to earmark, privatize, and shift responsibilities to other jurisdictions, which ultimately combine to reduce the state government’s ability to perform and to maintain sound fiscal management practices
590 _aPublic administration review PAR
700 1 _aTESKE, Paul
_910601
773 0 8 _tPublic Administration Review: PAR
_g67, 4, p. 673-687
_dMalden, MA : Blackwell Publishers, July / Aug.2007
_xISSN 00333352
_w
942 _cS
998 _a20071005
_b1557^b
_cTiago
998 _a20090608
_b1634^b
_cmayze
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c24695
_d24695
041 _aeng