Property taxes are the primary tool for financing local governments and generate a significant share of state and local revenues.
Andrey Yushkov is a Senior Policy Analyst with the Center for State Tax Policy at the Tax Foundation. He holds a PhD in public policy from Indiana University, an MS in economics from the University of Bonn, and a BS from St. Petersburg University.
Prior to joining the Tax Foundation, Andrey worked as a consultant at Leontief Centre, participated in several World Bank and other international development projects dealing with the issues of public financial management and project evaluation in the public sector, and taught public budgeting and finance at Indiana University. His scholarly work on fiscal federalism was published in Public Finance Review and Eurasian Geography and Economics, among other outlets. In his free time, Andrey enjoys traveling, playing chess, biking, and listening to new classical recordings.
As more and more states move away from throwback or throwout rules, those states that still impose these rules are becoming less attractive for businesses, which are incentivized to relocate their sales activities to non-throwback states.