{"id":402951,"date":"2010-04-18T14:53:39","date_gmt":"2010-04-18T12:53:39","guid":{"rendered":"https:\/\/ieb.ub.edu\/publicaciones\/2010-02-can-lower-tax-rates-be-bought-business-rent-seeking-and-tax-competition-among-u-s-states-2\/"},"modified":"2010-04-18T14:53:39","modified_gmt":"2010-04-18T12:53:39","slug":"2010-02-can-lower-tax-rates-be-bought-business-rent-seeking-and-tax-competition-among-u-s-states","status":"publish","type":"publicacion","link":"https:\/\/ieb.ub.edu\/ca\/publicacions\/2010-02-can-lower-tax-rates-be-bought-business-rent-seeking-and-tax-competition-among-u-s-states\/","title":{"rendered":"2010\/02: Can lower tax rates be bought? Business rent-seeking and tax competition among U.S. States"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>The standard model of strategic tax competition assumes that government policymakers are perfectly benevolent. We depart from this assumption by allowing policymakers to be influenced by the rent-seeking behavior of businesses. Campaign contributions may affect tax competition and enhance or retard the mobility of capital across jurisdictions. Based on a panel of 48 U.S. states and unique data on business campaign contributions, we find that contributions have a significant direct effect on tax policy, the economic value of a $1 business campaign contribution is nearly $4, the slope of the tax reaction function is negative, and the empirical results are sensitive to state effects.<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"tipologia_publicacion":[41],"programa_rel":[87,87],"class_list":["post-402951","publicacion","type-publicacion","status-publish","hentry","tipologia_publicacion-working-paper"],"acf":[],"_links":{"self":[{"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/publicacion\/402951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/publicacion"}],"about":[{"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/types\/publicacion"}],"author":[{"embeddable":true,"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/publicacion\/402951\/revisions"}],"wp:attachment":[{"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/media?parent=402951"}],"wp:term":[{"taxonomy":"tipologia_publicacion","embeddable":true,"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/tipologia_publicacion?post=402951"},{"taxonomy":"programa_rel","embeddable":true,"href":"https:\/\/ieb.ub.edu\/ca\/wp-json\/wp\/v2\/programa_rel?post=402951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}