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Accelerated Depreciation and State Revenues
Economics Department Faculty Publications
  • Seth H Giertz, University of Nebraska-Lincoln
Date of this Version
1-1-2002
Disciplines
Comments
Institute of Government and Public Affairs Special Publication, (September 2002). Used by permission.
Abstract

For state governments across the country, these are austere times. States are facing some of the worst budget shortfalls in decades, leaving legislators scrambling to bring revenues and expenditures into balance, while not upsetting their constituencies. In addition to changing economic conditions, a recent federal change granting accelerated depreciation to business threatened to eat up additional state revenue. A popular response from many states has been to decouple from the federal definition of income: i.e., not allow bonus depreciation for state taxes by moving away from the federal definition of income.

Citation Information
Seth H Giertz. "Accelerated Depreciation and State Revenues" (2002)
Available at: http://works.bepress.com/seth_giertz/8/