Local Option Income Tax Analysis

Local Option Income Taxes are becoming an increasingly important component of the revenue portfolio for local government units.  As local governments are provided more responsibility in financing local operations, it is important to understand the dynamics of local income taxes. Policy Analytics provides the following services to aid governments in estimating and forecasting local option income tax revenue streams:

  • Local option income tax revenue forecasting
  • Income tax incidence analysis
  • Analysis of the circuit breaker implications of income taxes directed at property tax relief