Act 47 and the law of unintended consequences - Part II
Local Revenue Hills: Evidence from Four U.S. Cities. by Andrew F. Haughwout, Robert P. Inman, Steven Craig, and Thomas Luce. NBER Working Paper No. 9686. May 2003
The fundamental question that has to be answered is: where is the City of Pittsburgh right now on its 'Revenue Hill'? Then where will it be if any local tax goes up? Any tax that is with the probable exception of the parking tax which seems to have an unsatiated demand.