Local sales tax collections in TN cities during the COVID pandemic
This study describes the extent, magnitude, and duration of the decline in local option sales tax (LOST) revenue in the wake of the Covid-19 pandemic and identifies the factors that help to explain differences among cities. The paper examines why some cities exhibited greater fiscal resiliency and rebounded more quickly from the recession that began in March 2020. The study concludes with a brief discussion of the implications of the findings for local government policy and practice.
General
Taxes--Sales Taxes--Sales--Tennessee Economic conditions--Tennessee |
Public
05/14/2024
04/1/2023