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Starving the Statehouse: The Hidden Tax Policies Behind States’ Long‐Run Fiscal Crises

American states have underinvested in infrastructure, education, and public welfare for decades. While the growing costs of certain state programs have accounted for part of the problem, stagnant and more volatile tax levies have also contributed to the lack of funds for public services. Surprisingly, however, scholars have devoted little attention to the latter problem. This Note begins to fill that void by proposing a new research agenda.