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Joshua Vincent: Posted on Thursday, February 02, 2012 6:13 PM
Failure is not an option: Connecticut Building Permits Slide
There is no state as well situated for growth and prosperity than Connecticut. Just beyond reach of New York's staggeringly high taxes and overlooking the placid Long Island Sound, crossed by rail and Interstate connections, and with one large airport, Connecticut has parlayed these advantages into a couple of centuries of growth, jobs and wealth.
Yet, slippage in the US economy as a whole coupled with a growing rich/poor divide ( |
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Posted on Monday, January 30, 2012 5:42 PM
Connecticut, a state blessed with great wealth but also great poverty, has examined the idea of permitting Connecticut cities - almost by definition poor and dis-invested - to have the option to enact property tax reform in the shape of a land value tax, which Governor Jody Rell signed into law for New Londonin 2009. The reasons were clear: the decay of Connecticut towns was proportional to the damage that sprawl has wrought on the formerly bucolic countryside, with farms replaced by subdivisions, and bank-breaking infrastructure costs. |
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JRV: Posted on Friday, November 11, 2011 2:13 PM
After the election of Daryl Finizio to the mayor's office in New London, CT, The Day, the local newspaper offered an opinion by David Collins on the lack of activity in New London's downtown - after heavy government spending on a refurbishment of the city square known as "The Parade" - most visible in the boarded up storefronts on the main Streets in the downtown (State and Bank).
Mentioning that New London's land value tax proposal is part and parcel of a downtown revitalization plan |
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Joshua Vincent: Posted on Wednesday, November 09, 2011 2:04 PM
Daryl Finizio wins New London Mayor's race
In a crowded field of six candidates, Mr. Finizio handily
won electionto the first strong mayor post in New London after a
governmental reorganization. Land Value
Tax had been the
flashpointfor much of the campaign. Mayor-elect Finizio has pledged to revisit the program on LVT, in the face of concerted but sparse opposition.
New London’s previous missteps with Kelo vs. New London, a tax abatement program for the
Pfizer pharmaceutical firm, that ended
just as |
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Joshua Vincent: Posted on Monday, April 04, 2011 7:55 AM
The vote took place on March 23, after the bill had been redefined to permit up to three cities to enact LVT as a pilot. The bill is far more flexible than 2009's LVT bill, and UrbanTools has pinpointed several cities that may be able to take advantage of this exciting new development in the effort to help Connecticut cities who are in deeper fiscal waters along with the state government. SB130, sponsored by Senate Majority Leader Martin Looney has made the grade,a nd is not set to get a vote on the main Senate floor in the very near future. |
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Joshua Vincent: Posted on Monday, April 04, 2011 7:40 AM
 Last year's bill for New London Connecticut was a first step in enabling legislation for Connecticut municipalities. This year, more may be coming Connecticut General Assembly Acts With important changes in the Planning and Development Committee, a new bill permitting land value taxation to allow all town to use Property Tax 2.0 is in the hopper. Sponsored by Senate Majority Leader Martin Looney, SB130 has been referred for public testimony (rare for not-a-chance bills) by the Planning and Development Committee. |
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