Center for Business and Economic Research - Ball State University

An Examination of the Economic Impact of Property Tax Levy Caps on Economic Activity in New Jersey

An Examination of the Economic Impact of Property Tax Levy Caps on Economic Activity in New Jersey

Published September 30, 2011

This study analyzes the effects on the New Jersey economy of the 2.0 percent cap on property tax levy growth that became effective in January 2011, using a regional computable general equilibrium (CGE) model.­

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Tags: housing and real estate, taxes, economy