Incentive Taxation
Center for the Study of Economics - Company Message
RSS Follow Become a Fan

Delivered by FeedBurner


Recent Posts

LVT in Los Angeles? Op-Ed says go for it.
Welcome to the Zany World of NYC's Property Tax
Land Value Taxation in Jamaica: Now More Than Ever
Part 1, Land Value Taxation: Politics, Persuasion, and Practicality - A How-To
2016: Another Year of Advances and Retrenchment

Most Popular Posts

Noted UK Think Tank: Tax Land Values
Eliminating the property tax? It must not happen, but we’ll see what happens.
Altoona, PA: City tax wholly on land values = normality
Land Value Tax in Britain: Progress While the Rear Guard Digs In
Dr. Herbert Barry's Proposal to Really Reassess Allegheny County

Categories

Act 47
Affordable Housing
Africa
Agricultural Policy
Allegheny County
ALTER
Altoona
Assessment
Australia
Australian Capital Territory
Baltimore
Berkshire
California
Canberra
Clairton
Connecticut
Connecticut General Assembly
Current News Item
de Blasio
Economic Development
Economic Policy
Economic Rent
Economist
Ed Vargas
Education
EPA
Federal Tax Policy
Fiscal Policy and Taxes
Frederick
Free Markets
Gentrification
George Osborne
Global Taxation
Harrisburg
Hartford
Healthy Communities
Housing
Housing Policy
Hurricane Sandy
India
Ireland
Jamaica
Jeffrey Berger
Jimmy Tayoun
Justin Skariah
Kenyatta Johnson
Lancaster
Land Policy
Land Value Tax
Lanesborough
Larry Deutsch
Law and the Constitution
Legislation
Len Fasano
Liberal Democrats
Local Government
Los Angeles
Maria Quinones-Sanchez
Martin Looney
Maryland
Massachusetts
Matt Ritter
Matthew Ritter
Mayor Rick Gray
Michael Kinsley
Michigan
Millbourne
Model Legislation
Monroe County
Montreal
Moonachie
Namibia
National Tax Policy
New Jersey
New London
New York City
NY
Oregon
Parking and Transportation
Patricia Dillon
Pennsylvania
Philadelphia
Pittsburgh
Portland
Property Assessment
Property Tax Reform
Public Health
Public Opinion
Public Resources
Public Works
Regional Tax Base Sharing
Regionalism
Regressive
Rhode Island
Rochester
Roland Lemar
Sales Taxes
Scranton
Senator Jan Malik
Sin Taxes
Smart Growth
Soda Tax
Taiwan
Tax Exemption and Abatment
Thomas Piketty
Titusville
Tom Kramer
Transportation Funding
Transportation Policy
Uncategorized
United Kingdom
Urban Blight
Urban Rejuvenation
Urban Tax Policy
Vince Cable
Wage and Income Taxes
Wales
Wealth
Wilson Goode Jr.
powered by

Incentive Taxation

Fiscal Policy and Taxes

Urban Taxation: Deadweight Loss for the Weakest

Wage and Sales Taxes: a Curse on Low Income Citizens and Their Communities

"The middling and superior ranks of people, if they understood their own interest, ought always to oppose all taxes upon the necessaries of life, as well as all direct taxes upon the wages of labour." Adam Smith An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2, p.289

As many public policy makers know, we've always considered government taxes in a descending order from destructive, to not so good, better and then best.

Property tax caps for user fees; what could be better? Almost anything

Tax Caps and User Fees: Caution Needed

Six Houses all in a row, assessed at the same value of $100,000 at a tax rate of 1%. Taxes still rise, while local government seeks alternative funds in flat fees for services, such as trash pick up.










Regressivity is a more common outcome of user charges than is commonly acknowledged. That ought to change. City services based on value (i.e. a user charge on publicly created land values) can be made more progressive than resorting to invisible charges or flat fees.

Land Value Taxation in Connecticut: UrbanTools' televised interview

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 property tax needs respect but repair

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.

To Piketty or not to Piketty? Michael Kinsley and the Echoes of Henry George
















Kinsley, Piketty and Henry

Michael Kinsleyhas 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.

Transportation Leaders want more transit, wonder how to pay for it.















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. 

"Using the Economic Value Created by Transportation to Fund Transportation"released this year is the synthesis and analysis of various methods of returning the value created by public investment in transportation to the project, its maintenance or at least reducing the tax load on ratepayers.

Homeownership: Dangling a Contrarian View From a Land Value Tax Perspective

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.  

By 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.

Pittsburgh: Land Bank proposal needs an endgame

Aproposed land bankin the city of Pittsburgh has been introduced by councilpersonDeb Gross, and a couldn't come soon enough. Pittsburgh has an oversupply of city-owned blighted buildings and lots that suck up revenue, and produce none for the city. Once the land bank comes into operation, one existential question arises: what is the purpose of a bank?

If we take away the word "land", then we know the purpose of a bank is to dispense of assets in order to create a return for both the bank and – in this case – the community.

But It's so Expensive: Commuter Rail Grinds to a Halt in Deep Pockets Connecticut

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?

Land Value Tax in Britain: Progress While the Rear Guard Digs In

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 hasreportedon severaloccasionsover the pastyear, land value tax is being mooted by a veritable rainbow of the political and economic spectrum.

The latest very good news is that Vince Cable, the Liberal Democrat Business Secretary in the coalition governmenthas clearly come out for a serious policy debateabout the introduction of a national land value tax.

New York Mayoral Race: Can Bill de Blasio Capitalize on a fresh approach to generating revenue from blighted and vacant land?

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.

University of Connecticut chooses downtown Hartford, may boost what once was blight.

The Hartford Couranttoday editorializesin support of the University of Connecticut establishing new headquarters in downtown. The former Hartford Times office, still gleams through the grime and decades of neglect.













The Times of Hartford: Then and Now

Is this good news? Nearly unquestionably.  Existing businesses will see more foot traffic and more dollars spent in their stores. The residential sector will undoubtedly get a boost, as workers, faculty and students populate the southern end of a fairly empty downtown.

A Surprise From Rhode Island: Daring to Change Taxes to Help Everybody

HOPE

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.
Living and working there is not so easy though.  Population isin long-term declineand business is contracting.  The ironically named“Superman Building” has lost its last tenantand the crown jewel of Providence’s skyline will be a looming reminder everyday that something has to be done, but what?

Go Ask ALICE: A Progressive Resource for model legislation deploys LVT models.







ALICE: Legislation for the rest of us

Some years ago, noted journalist and public servant, Walter Rybeckworked with Bill Filante, a California GOP State Senator to prepare and disseminate model legislation to enact land value taxation.  The venue at that time was ALEC, which at the time prepared legislation with a conservative and free market bent, much in line with GOP philosophy at the time (ALEChas changed quite a bit since the 1980s, and the entry has disappeared.)

Now, there’s an active group providing Progressive model legislation.

Taking it to the People: Land Value Tax vote set for May 7th in Lanesborough, Massachusetts


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.

As Henry David Thoreauwrote:

"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.

The Economist returns to Its roots (most often found in land)















Glasgow: time to stop the private warehousing of land

In 1843, a newspaper named"The Economist"came into being with amission that promisedto discuss and promote ideas of fair trade, liberal economics, free markets and issues of taxation and rent. 

Astoundingly, the Economist stuck to its mission, more or less, although one may - and one does - quibble with its flirtations withflailing neo-classical economics, coupled with some infatuation with permanent Keynesianism.

Land Value Tax: The 2013 Rates are in!



















Three Cheers for Pennsylvania Land Value Tax Cities


Because UrbanTools is in Pennsylvania, it should be no surprise that land value tax is most prevalent in the Keystone state. We work all over the country in the world, but Pennsylvania is still "home."  We've been proud to work with these communities, and are grateful that the outcomes have had positive effects and have helped people through hard economic times.

The Oregon Trail...To land value taxation
















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 implementationof the past decade.  

The Salem Statesman Journal published acomprehensive policy pieceby Kris Nelson ofCommon Ground OR/WAandTom Girhing . 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.

2013 legislative update: Land Value Tax Legislation Introduced in Connecticut

Connecticut's 2013 General Assembly meets for a six month session in January.  Odd-numbered years generally concentrate on local laws and statutes for municipalities and relations with the state government in the so-called "long sessions." 






This month, several bills have been introduced to permit municipalitiesflexibilityin how and what they tax, as wellas specific language permitting a municipality to enact land value tax.  The sponsors are led by the New Haven Connecticut legislative delegation.

News Flash: High taxes on valuable land puts land back into use in Montreal

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.