... ; Wunsch, 2001). Generally, local authorities are not permitted access to the most lucrative and collectible taxes (such as income taxes and sales taxes), so that when their powers increase, they have difficulty in finding the revenue to discharge their new responsibilities. In such a case, as Jenkins...

...Christian T.L. Janssen Income multipliers are commonly used in the valuation of income streams. All income dollars, however, are not alike, and investors make distinctions based on the nature and source of the income. The income multiplier is adjusted for the characteristics of the investment...