Non-Glamorous Gains: The Pennsylvania Land Tax Experiment
Since 1913, Pennsylvania has allowed cities to tax land at a higher rate than buildings. This decision has led to some unique success stories: cities that have weathered post-industrial decline and revitalized their urban cores.
Speculators are holding buildable land hostage in Anchorage. A change in the way properties are taxed can help.
To grow sustainably, Anchorage (like so many other cities) should adopt a land value tax.
Rewarding Neglect and Punishing Investment in Struggling Neighborhoods
In cities all over America, we deter people from revitalizing neighborhoods by punishing them with higher taxes for improving their property. A change in how we tax property could fix these incentives.
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