Center for the Study of Economics - Company Message
Webinar on Land Value Taxation
  Hosted by The Housing Alliance of Pennsylvania
Presenter: Joshua Vincent, CEO
When: Friday, July 11, 2014
12:00 - 1:00 PM
Where: Register


When property tax systems encourage capital to be used for optimal speculative gain, as opposed to reinvestment and growth, the loss to both the community and municipality can be devastating.
  
Land value taxation (LVT) spurs homegrown sources of growth, and sources of growth from outside the community. LVT is not an additional tax it replaces the current imbalanced and antiquated property tax.
 
LVT is a practical, economically just path, that supports development
  • Infill directed - frees lots for buildings
  • Compact - produce more efficient, consolidated units
  • Dense - incentive to build upward
  • Affordable Housing - lower incomes qualify for loan
  • Distinctive Communities - invest in home without tax increase
  • Mixed Use, Walkable - density draws stores, retail, entrepreneurial activity
 
LVT Jurisdictions 2013 millage rates Pennsylvania Department of Community and Economic Development  http://munstatspa.dced.state.pa.us 02/28/2013 [computer file]. Philadelphia PA Center for the Study of Economics 03/01/2013 
 
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