State and Local Taxation and Finance in a Nutshell

Presents a fully updated analysis of developments in both public finance and state and local taxation. The book focuses upon three main concerns. The requirements contained in state laws controlling whether a particular tax or debt obligation is authorized, federal and state constitutional limitations upon the exercise of taxing and borrowing powers, and the rules for actually engaging in taxation, expenditures, or debt financing. Furthermore, these legal rules and requirements are placed within their social and historical context.