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Rural Property Tax Revenue in the Face of Economic Concentration and Political Competition: Evidence from Colombia
We study the relationship between two sources of political power and property tax revenues in contemporary rural Colombia. First, de jure political power is the extent to which local political elites can capture the public ...
Effect of Socio-Economic Stratification on House Value in Bogotá
This paper investigates the impact of urban fiscal policies on housing value. We use a focalization system in Bogotá where certain subsidies and taxes are targeted based on a classification of houses according to external ...
The impact of lowering the payroll tax on informality in Colombia
The Colombian government recently reformed the tax law by reducing payroll contributions from 29.5% to 16% and substituting them with a profit tax. The law was passed in December 2012, and two years later the informality ...