What They Want You to See
What They Don't Want you to See Behind the Green Curtain
For 500 years, Jamaica has been a byword for lush tropical
beauty, pristine beaches and the Parrot-Head lifestyle deluxe. Dozens of nonstop flights from North America
and Europe land daily to whisk away carefree tourists to fabulous resorts carefully
cut off from the everyday life of Jamaica. Therein lies the problem.
The Jamaica fantasy rarely references the elimination of the
Taino and Arawak people.
An Idea Worth Implementing
Ask nearly any economist. Discover what left and right can
agree on. It’s the political and economic philosophy that reconciles and validates
the needs of both community and the individual. What do you have?
Land Value Tax
Land Value Tax; also called site value rating, the single
tax, economic rent, incentive taxation, the Smart tax, well you get the point.
It’s a Great Idea,
One of the most important questions that the Center for the Study
of Economics – a.k.
Homewood: A Storied History
In the middle of all the nonstop happy talk about the revitalizing urbanification of older Rust Belt cities likeBuffalo, Cleveland and our old friend Pittsburgh,
UrbanTools notes that the benefit falls on a very narrow slice of the body politic: the development "community" and other hustlers who ask that government pays for their slick new condos and apartments for transient Millennials. Meanwhile, all of these cities are losing population and unemployment rates are still high.
With the 2015 Legislative Session open, Connecticut faces a structural fiscal deficit of nearly $175 million, under-performing tax receipts, crumbling infrastructure, and declining aid to municipalities.
The remedy is just as Henry George prescribed. CSE has been on the ground working to supply the research and analysis to motivate Legislative action.
Altoona's Future Includes a land value based policy.
The September 24, 2014 edition of the Financial Times features an article on a subject not often covered by the mainstream media: land value taxation. Interest in LVT has been highlighted in the past several years in the UK by such respected columnists as Martin Wolf.
The article concentrates on one of the cities that implements a version of land value taxation:
Q. What happens when a city taxes buildings more at the beginning of the greatest building boom in American history?
A. Not much.
One of the best examples of the efficacy of land value tax (LVT) was careful study of the city of Pittsburgh culminating in theOates/Schwab study of Pittsburgh published in 1997
which concluded all things being equal land value tax policy had the effect of unleashing construction demand – especially downtown construction –just as the steel industry collapsed, and just as the US entered a significant recessionary period (late 1970s and early 1980s)
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 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.
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.
Aproposed land bank
in 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.
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 hasreported
over the pastyear
, land value tax is being mooted by a veritable rainbow of the political and economic spectrum.
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.
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.
2013 heralds something considered cataclysmic in
Philadelphia but is routine in the rest of the world: a new assessment for
property tax purposes. From Podunk to
Portland (Oregon or Maine), assessment officers and departments apply land and
building values to each property, the community figures out how much revenue it
needs and divides it by those values. Voilà, you get a property tax rate, and then
send out a bill.
A very little history
Nothing is ever quite that simple in the city that
Story One - Take a Peep at This
Our perceptive friends atKeystone Politics
, haveposted an observation
about the latest embarrassment on the Philadelphia land-use front. Long story short, for years a patch of Market Street has been infested (literally and figuratively) by some low-rise, low-rent, low class buildings housing one of the few porno "palaces" left in Philadelphia. The anchor of the Keystone post isan article
in the Philadelphia Inquirer by the redoubtable
What properties are most often exempt? Generally property owned by charitable organizations (Code section 501(c)(3)), Public charities, Private foundations, Social welfare organizations (section 501(c)(4)), Agricultural/horticultural organizations (section 501(c)(5)), Labororganizations (section 501(c)(5)) and Business leagues (trade associations
In the US, the 2012 election season has made us here in the states even a bit more isolated from the ideas and events that shape our neighbors across borders. With our quadrennial angst ending soon, it's time to check out what our brothers and sisters are doing.
UrbanTools has been reporting on the evolution of land value taxation in Namibia sinceindependence in 1990.
the conscience of Namibia's land value tax
As we wrotelast July:
In Namibia today, land value taxation is specifically used to accomplish two things: