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Posted on Monday, January 30, 2012 4:50 PM
Steve Hanke and Stephen Walters have been writing on taxation and economic policy for years, with close analyses of what makes urban areas hit or miss. Their latest piecein the Wall Street Journal emphasizes why some cities are more stable than others: reasonable taxes. Some might disagree that low property taxes are the driver of growth, although that helps. Taxation on mobile forms of wealth, like incomes, commerce and sales hurt more.
Happily, respected Case Western economics professor |
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Joshua Vincent: Posted on Monday, December 19, 2011 6:00 PM
Baltimore's property tax in need of a restructuring, not a
quick fix Fells Point: Back from the Brink
The sad reality of any tax program meant to help working and
middle-class homeowners is how quickly the original intent can be lost, and the
reform program can actually lead to further iniquities.
That is the case in the city of Baltimore Maryland where the Homestead Property
Tax Creditacts as a tax cap that prevents increases in a property's value
from adding to the tax bill the homeowner actually pays. |
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