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Incentive Taxation Blog

Public Opinion

How to mend the Property Tax

Assaults on the property tax have been commonplace in the US (and Australia,New Zealand, etc.) in the past few decades.  We think that the property has a lot wrong with it; but its a situation that calls for a scalpel not an atom bomb.  Here are some basic alternative solutions, including the land value tax as a way to abolish the tax on buildings.


Four Ameliorations for Assessment Increases or Tax Increases: an Analysis
William Batt, Ph.D., Joshua Vincent, ED

Land Value Tax on the Radio Friday March 30



Dr. Herbert Barry of Pittsburgh, an UrbanTools Director has shown his adeptness in outreach to all forms of media, including print and now radio.  Please call in to the radio show on Friday March 30, to participate in this broadcast.




I will be  interviewed on a radio show, on Friday 30 March 2012, 10:00 to 10:30 AM (Eastern time). Listeners can access it at the phone number 1-424-220-1873. The title I chose for the program is"How to remedy our maladaptive sources of government revenue.

Dr. Bill Peirce Advises: One Step Beyond

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. Theirlatest 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

How to End Capital Flight for Me but not for Thee: Illinois

Motorola going Mobile? Not onmywatch.

There are very few states where of New Jersey would feel bullish enough to try andpoach a business from a high tax climate. Yet, Illinois has made the grade, thanks to an increase in income and corporate tax that roughlydoubled at the beginning of 2011. Governor Pat Quinn actually went onto the floor of the Illinois Legislature when the measure passed to thank the Sens. and Reps.

Unintended Consequences? 
 
The confidence of neighboring states took a hit, though, when the larger corporate entities, such as Sears, the Chicago Mercantile Exhchange and Caterpillar, sensibly started exploring cheaper places to do business.

Taxing drillers front and back

Theeditorial on April 23urging taxation of the natural-gas industry ("Drillers should pay a tax") advanced the argument that such a move would help protect and pay for accidents and missteps when it comes to our valuable watersheds. Actually, though, our common-law heritage of riparian rights might make recourse to civil or criminal law a more appropriate remedy.
Still, Gov. Corbett ought to rethink his position on two ends: the front end (the existing resources sitting in the ground) and the back end (the severance of those resources from the ground).