An Idea Worth Implementing
Ask nearly any economist. Discover what left and right can
agree on. It’s the political and economic philosophy that reconciles and validates
the needs of both community and the individual. What do you have?
Land Value Tax
Land Value Tax; also called site value rating, the single
tax, economic rent, incentive taxation, the Smart tax, well you get the point.
It’s a Great Idea,
One of the most important questions that the Center for the Study
of Economics – a.k.
a recent post,
UrbanTools/CSE broke the ice with some short snippets of an
interview conducted by Jacob Schwartz Lucas ofEarthsharing.org
that describe what we
believe are critical first steps in discussing land value taxation, how to
interest people, how to maintain momentum, and finally how to implement LVT. Produced by Earthsharing, it links to three
distinct avenues to LVT understanding and acceptance.
The question then arises what to do if interest is piqued?
If the reader has time (and no need to watch
it all at once), here’s a presentation/discussion that UrbanTools/CSE gave at
the invitation of the
Council President Skariah Mayor Kramer
Millbourne Pennsylvania, is one of oursmaller but gutsier LVT towns.
It is strategically placed just outside Philadelphia city limits in Delaware County PA, along a vital road and commuter rail corridor. This article sets up a podcast (below) describing the town's struggles of being in the grips of one large vacant lot, an intransigent owner, and its hopes for the future.
Connecticut's Financially Stressed Cities: let's talk about LVT
We believe that a useful way to embrace of further understanding of land value taxation Is to have a conversation. On June 17, 2014, the director of the Center for the Study of Economics Joshua Vincent sat down withRonna Stuller
, A long time member of the new London Connecticut Board of Education and activist within the Green Party, Ronna Stands for healthy communities,a fair economy, and more opportunities for citizens In all sectors of society.
The implosion of revenues for local and state governments over the past seven years, and a stalled, weak recovery leaves public discussion on funding the public/civic sector in the tired old debate between tax-and-spend and cut and slash. In weak regional economies and in times of recession, the first tax revenue to slide are income taxes, then sales taxes, then business taxes, and lastly property taxes. Property taxes are built upon a far more stable base than other forms of tax, and they are now understood to be generally progressive in impact.
Kinsley, Piketty and Henry
has had a long and distinguished career writing about politics and sometimes economics from the left-center perspective. UrbanTools has noticed that for decades he often prefaces an essay or column with " my favorite economist, the 19th-century AmericanHenry George
, and his best-selling book, Progress and Poverty (1879)." Well, we like Henry George too, so it's always nice to see how Kinsley uses Henry George situationally.
The Australian Capital Territory is rapidly becoming the state government most willing to experiment with forms of taxation that serve the interests of both the public, fair play, and economic logic. Generally, it is trying to move away from taxes that burden workers and business and crater the economy to a more classical approach of its self funding cycle of revenue.
Expending Wealth to Create Wealth: But for Who?
The National Research Council (US) is the parent of the Transportation Research Board, a consortium of state transportation departments, academia and the private sector in the US Department of Transportation www.TRB.org.
The American Dream: Levittown 1948
UrbanTools (as the outreach arm of the Center for the Study
of Economics) has successfully helped communities discover that land value
taxation is a fair and equitable way to reduce the tax burden on the poor, the
middle class and productive citizens.
deploying local LVT, we demonstrate in policy the fact that there is an
alternative to tax systems that keep people down in force communities to
struggle to pay for the basic bills to keep our local societies going.
It's déjà vu all over again for theMetro-North Railroad
. Right now, about 125,000 users of the rail commuter line going through some of the wealthiest towns in the United States ispretty much shut down
. The Metropolitan Transit Authority managed to scrounge up some diesel trains that will run into New York City from Connecticut, but the number cannot meet the demand.
Is the disintegration of this essential transit system something that came out of nowhere like a plague of locusts?
Time for a Sea Change: UK Business Secretary Vince Cable
The drumbeats for land value tax are louder in the United Kingdom, and coming from all corners of the nation. As UrbanTools hasreported
over the pastyear
, land value tax is being mooted by a veritable rainbow of the political and economic spectrum.
Bill De Blasio: in the Ascendant
Tomorrow Tuesday, June 10, 2013, the Democratic voters of New York City will choose their candidate for the fall mayoral election. The early betting fell on Christine Quinn who is currently New York City Council President. She had done the traditional sewing up of many unions, social constituencies, Wall Street, Mayor Bloomberg (with whom she engineered a Disposal of voter imposed term limits), and the Real Estate Board.
Also running is Bill Thompson, a respected former Comptroller of the city, John Liu the current Comptroller, and of course the explosive Anthony Weiner.
Dr. Barry recently published abrief essay
in the "Pittsburgh Post-Gazette" in support of collecting economic rent in an efficient and just way:
by Jon Schmitz in the Post-Gazette on June 20 and 21 described a bus rapid
transit line in Cleveland. The stories suggest that building a similar line
between Downtown and the Hill District and Uptown would generate extra tax
revenues for Pittsburgh, Allegheny County, and the School District.
Rhode Island is a small place of many charms. Its history is
stirring, its connection to the oceans enriching, and the culture is a
wonderful mix of Portuguese, French Canadian, Asian, and other cultures – and cuisines
– that make Little Rhody a delight to visit.
One of the best traditions still in existence from the earliest days of the American experiment are the true exercises in democracy known astown meetings
The road to Massachusetts land value tax may run through Lanesborough.
"I am more and more convinced that, with reference to any public question, it is more important to know what the country thinks of it than what the city thinks. The city does not think much.
Glasgow: time to stop the private warehousing of land
In 1843, a newspaper named"The Economist"
came into being with amission that promised
to discuss and promote ideas of fair trade, liberal economics, free markets and issues of taxation and rent.
The expansion of land value tax from its bases in Pennsylvania cities and jurisdictions all over Australia and New Zealand, may have just taken a strong step forward in the state of Oregon, where LVT advocates have been studying the legalities and thepractical administrative steps to implementation
of the past decade.
The Salem Statesman Journal published acomprehensive policy piece
by Kris Nelson ofCommon Ground OR/WA
. The op-ed provides solid theoretical underpinnings and empirical reality to make the case that Oregon cities, and indeed the whole Northwest have to join their Red State brethren and find ways to reduce traditional property taxes on labor and investment as well as pull back on taxation of wages.
Montréal's tax on parking lots: cause-and-effect
Montréal: land of the lots no more?
One thing city governments ( and most people) can't stand but feel helpless to remedy is the ubiquitous and metastasizing presence of surface parking lots on the most valuable land in town: center city (or Centre Ville in this case).
Almost the definition of parasitism, think of the parking lot business model as a twisted Seven Pillars of Wisdom.
1. Buy an old business building downtown.