A vacant lot stands along, surrounded by houses. Why is this land taxed differently then the developed lots? Experts estimate that, at current construction rates, it will take over seven years to ...
I previously wrote columns about policies that could improve housing supply in Bloomington, and mentioned land value tax as a replacement for traditional property taxes. This idea was popularized by ...
Known as a land value tax, the proposal falls in the same ballpark as a property tax, but instead of billing owners for the improvements they make to their property, it only looks at the assessed ...
Gov. Tina Kotek’s Housing Production Advisory Council suggested a massive tax increase could be necessary to achieve her housing goal of 36,000 new homes a year, with recommendations including tax ...
The goal of the property tax is to generate revenue for local governments, to provide schools, roads, parks, libraries, and public-safety services. And while the property tax does accomplish this, it ...
ALBANY, N.Y. (NEXSTAR) — On the eve of Tax Day, Democratic state legislators introduced a bill that would shift property taxes to a land value tax. Sponsors say transforming the current system would ...
Rep. Marjorie Taylor Greene (R-GA) has pivoted from a bonkers approach to foreign affairs to backward fiscal policy in her continued attempt to achieve relevance despite her attacks on President ...
Vacant lots still have taxes levied against them. When it comes to property taxes, the amount you owe will depend on whether you buy a house, build a house, or own land. Your geographical location and ...
Every so often, a story comes along that reminds us of what’s at stake in our shared civic life. The recent article about the wide gaps in Baltimore’s property tax bills is one of those reminders ...
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