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
Rational taxation of immovable property (land) can be a major tool for strengthening the development market in cities, reduce taxes for productive citizens and businesses and provide a progressive fair and equitable source of public revenue.