Abstract
The purpose of this article is to explore the intergovernmental finance framework with an emphasis on the impacts of the current administration’s proposals on cities, including not just direct financial transfers but also changes to the federal tax code that have implications for municipal finance. In particular, we examine the impacts of two policies—reduced funding of community development block grant and federal income tax reform—to illustrate the effects of federal reform on local governments in the context of American federalism. We contend that the resiliency of local governments to exogenous shocks such as changes in federal policy is contingent on economic resources and institutional constraints imposed by state governments.
Keywords
Get full access to this article
View all access options for this article.
References
Supplementary Material
Please find the following supplemental material available below.
For Open Access articles published under a Creative Commons License, all supplemental material carries the same license as the article it is associated with.
For non-Open Access articles published, all supplemental material carries a non-exclusive license, and permission requests for re-use of supplemental material or any part of supplemental material shall be sent directly to the copyright owner as specified in the copyright notice associated with the article.
