Problem
Some economists have argued for a balanced state-local revenue structure in which the "big three" (sales, property, and income taxes) account for the bulk of the revenue, with a relatively minor role for excise taxes and fees and charges. How would you defend (or criticize) that model in terms of the criteria in this chapter?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.