Center for the Study of Economics - Company Message
An imbalanced property tax system can undermine economic development initiatives. When property tax systems encourage capital to be used for optimal speculative gain, as opposed to reinvestment and growth, the loss to both the community and municipality can be devastating.
 
In this reset, uncertain economy a balanced property tax system such as, land value taxation(LVT), spurs homegrown sources of growth, and sources of growth from outside the community. LVT is not an additional tax it replaces the current imbalanced and antiquated property tax.
 
LVT is a tool that supports economic development strategies.  
  • Infill directed -  frees lots for buildings
  • Compact - produce more efficient, consolidated units
  • Dense - incentive to build upward
  • Affordable Housing - lower incomes qualify for loan
  • Distinctive Communities - invest in home without tax increase
  • Mixed Use, Walkable - density draws stores, retail, entrepreneurial activity 
 
If you have any comments, questions or would like more information on LVT, please feel free to contact us.
Too often many taxing jurisdictions depend on mobile sources of taxation yet in many jurisdictions our research and studies have found that LVT is the most stable form of taxation.
 
The damage that taxes like sales and income taxes do to working families and local commerce can be lessened.
 
  • Net tax reductions for the vast majority of residents
  • Reduced inaccurate assessments