Assessing the Theory and Practice of Land Value Taxation

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Publisher : Lincoln Inst of Land Policy
ISBN 13 : 9781558442047
Total Pages : 32 pages
Book Rating : 4.4/5 (42 download)

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Book Synopsis Assessing the Theory and Practice of Land Value Taxation by : Richard F. Dye

Download or read book Assessing the Theory and Practice of Land Value Taxation written by Richard F. Dye and published by Lincoln Inst of Land Policy. This book was released on 2010 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The land value tax is the focus of this Policy Focus Report, Assessing the Theory and Practice of Land Value Taxation. A concept dating back to Henry George, the land value tax is a variant of the property tax that imposes a higher tax rate on land than on improvements, or taxes only the land value. Many other types of changes in property tax policy, such as assessment freezes or limitations, have undesirable side effects, including unequal treatment of similarly situated taxpayers and distortion of economic incentives. The land value tax can enhance both the fairness and the efficiency of property tax collection, with few undesirable effects; land is effectively in fixed supply, so an increase in the tax rate on land value will raise revenue without distorting the incentives for owners to invest in and use their land. A land value tax has also been seen as a way to combat urban sprawl by encouraging density and infill development. Authors Richard F. Dye and Richard W. England examine the experience of those who have implemented the land value tax -- more than 30 countries around the world, and in the United States, several municipalities dating back to 1913, when the Pennsylvania legislature permitted Pittsburgh and Scranton to tax land values at a higher rate than building values. A 1951 statute gave smaller Pennsylvania cities the same option to enact a two-rate property tax, a variation of the land value tax. About 15 communities currently use this type of tax program, while others tried and rescinded it. Hawaii also has experience with two-rate taxation, and Virginia and Connecticut have authorized municipalities to choose a two-rate property tax. The land value tax has been subjected to studies comparing jurisdictions with and without it, and to legal challenges. A land value tax also raises administrative issues, particularly in the area of property tax assessments. Land value taxation is an attractive alternative to the traditional property tax, especially to much more problematic types of property tax measures such as assessment limitations, the authors conclude. A land value tax is best implemented if local officials use best assessing practices to keep land and improvement values up to date; phase in dual tax rates over several years; and include a tax credit feature in those communities where land-rich but income-poor citizens might suffer from land value taxation.

A Good Tax

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Publisher :
ISBN 13 : 9781558443426
Total Pages : 260 pages
Book Rating : 4.4/5 (434 download)

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Book Synopsis A Good Tax by : Joan Youngman

Download or read book A Good Tax written by Joan Youngman and published by . This book was released on 2016 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: In A Good Tax, tax expert Joan Youngman skillfully considers how to improve the operation of the property tax and supply the information that is often missing in public debate. She analyzes the legal, administrative, and political challenges to the property tax in the United States and offers recommendations for its improvement. The book is accessibly written for policy analysts and public officials who are dealing with specific property tax issues and for those concerned with property tax issues in general.

Proceedings RMRS.

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Publisher :
ISBN 13 :
Total Pages : 326 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Proceedings RMRS. by :

Download or read book Proceedings RMRS. written by and published by . This book was released on 2000 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Vermont's Use Value Appraisal Property Tax Program

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Vermont's Use Value Appraisal Property Tax Program by : Paul E. Sendak

Download or read book Vermont's Use Value Appraisal Property Tax Program written by Paul E. Sendak and published by . This book was released on 1989 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: S2Vermonts Use Value Appraisal (UVA) property tax program was designed to slow the rate of development of rural land, encourage prediction from agricultural and forest lands, and conserve and preserve a working rural landscape by making taxation of underdeveloped land more equitable. In 1987, more than 669,000 acres were enrolled in the UVA Forest Land Program, 18 percent of the potentially eligible forest land. Forest inventory statistics were produced for these lands using data collected in the fourth forest survey of Vermont. UVA forest land comprises slightly more than a billion cubic feet of growing stock, including 2.2 million board feet of sawtimber. Forest inventory data indicate that timberland in the UVA program mirrors Vermont timberland in general. It does not appear that a disproportionate amount of poor sites or good sites are enrolled. Nor does the quantity or quality of the timber appear to be disproportionately representative. The projected net growth on UVA timberland could supply almost half the annual removals in the State. S3.

Rethinking Property Tax Incentives for Business

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Publisher :
ISBN 13 : 9781558442337
Total Pages : 0 pages
Book Rating : 4.4/5 (423 download)

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Book Synopsis Rethinking Property Tax Incentives for Business by : Daphne A. Kenyon

Download or read book Rethinking Property Tax Incentives for Business written by Daphne A. Kenyon and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals.

Plan for Implementing the Silvio O. Conte National Fish and Wildlife Refuge Act in the Connecticut River Watershed [CT,MA,VT,NH]

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Publisher :
ISBN 13 :
Total Pages : 418 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Plan for Implementing the Silvio O. Conte National Fish and Wildlife Refuge Act in the Connecticut River Watershed [CT,MA,VT,NH] by :

Download or read book Plan for Implementing the Silvio O. Conte National Fish and Wildlife Refuge Act in the Connecticut River Watershed [CT,MA,VT,NH] written by and published by . This book was released on 1995 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wilderness Science in a Time of Change Conference

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Publisher :
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Wilderness Science in a Time of Change Conference by :

Download or read book Wilderness Science in a Time of Change Conference written by and published by . This book was released on 2000 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wilderness Science in a Time of Change Conference: Wilderness within the context of larger systems

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Publisher :
ISBN 13 :
Total Pages : 322 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Wilderness Science in a Time of Change Conference: Wilderness within the context of larger systems by :

Download or read book Wilderness Science in a Time of Change Conference: Wilderness within the context of larger systems written by and published by . This book was released on 2000 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Property Tax, School Funding Dilemma

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Publisher : Lincoln Inst of Land Policy
ISBN 13 : 9781558441682
Total Pages : 63 pages
Book Rating : 4.4/5 (416 download)

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Book Synopsis The Property Tax, School Funding Dilemma by : Daphne A. Kenyon

Download or read book The Property Tax, School Funding Dilemma written by Daphne A. Kenyon and published by Lincoln Inst of Land Policy. This book was released on 2007 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: States experiencing taxpayer revolts among homeowners are tempted to reduce reliance on the property tax to fund schools. But a more targeted approach can provide property tax relief and improve state funding for public education. This policy focus report includes a comprehensive review of recent research on both property tax and school funding, and summarizes case studies of seven states-- California, Massachusetts, Michigan, New Hampshire, New Jersey, Ohio and Texas. The majority of these states are heavily reliant on property tax revenues to fund schools. While there is no one-size-fits-all solution, the report recommends addressing property taxes and school funding separately.

State and Local Tax Revolt

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Publisher : Transaction Publishers
ISBN 13 : 9781412835053
Total Pages : 386 pages
Book Rating : 4.8/5 (35 download)

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Book Synopsis State and Local Tax Revolt by : Dean C. Tipps

Download or read book State and Local Tax Revolt written by Dean C. Tipps and published by Transaction Publishers. This book was released on 1980-01-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Research Paper NE

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Publisher :
ISBN 13 :
Total Pages : 534 pages
Book Rating : 4.:/5 (4 download)

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Book Synopsis Research Paper NE by :

Download or read book Research Paper NE written by and published by . This book was released on 1987 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rural Agricultural Issues in the State of Vermont

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Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Rural Agricultural Issues in the State of Vermont by : United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry

Download or read book Rural Agricultural Issues in the State of Vermont written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry and published by . This book was released on 1988 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Lake Champlain Basin Water and Land Resource Plan (NY,VT)

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Lake Champlain Basin Water and Land Resource Plan (NY,VT) by :

Download or read book Lake Champlain Basin Water and Land Resource Plan (NY,VT) written by and published by . This book was released on 1979 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Land Use Management

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ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Land Use Management by :

Download or read book Land Use Management written by and published by . This book was released on 1974 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Plan to Preserve the Historic Resources of the Gettysburg Area of the Commonwealth of Pennsylvania

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis A Plan to Preserve the Historic Resources of the Gettysburg Area of the Commonwealth of Pennsylvania by : United States. Advisory Council on Historic Preservation

Download or read book A Plan to Preserve the Historic Resources of the Gettysburg Area of the Commonwealth of Pennsylvania written by United States. Advisory Council on Historic Preservation and published by . This book was released on 1977 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Holding Our Ground

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Publisher : Island Press
ISBN 13 : 1610910850
Total Pages : 353 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Holding Our Ground by : Deborah Bowers

Download or read book Holding Our Ground written by Deborah Bowers and published by Island Press. This book was released on 1997-03-01 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farmers, who own or rent most of the private land in America, hold the key not only to the nation's food supply, but also to managing community growth, maintaining an attractive landscape, and protecting water and wildlife resources. While the issue of protecting farmland and open space is not new, the intensity of the challenge has increased. Farmers are harder pressed to make a living, and rural and suburban communities are struggling to accommodate increasing populations and the development that comes with them. Holding Our Ground can help landowners and communities devise and implement effective strategies for protecting farmland. The book: discusses the reasons for protecting farmland and how to make those reasons widely known and understood describes the business of farming, federal government farm programs, and the role of land in farmers's decisions analyzes federal, state, and local farmland protection efforts and techniques explores a variety of land protection options including purchase of development rights; transfer of development rights; private land trusts; and financial, tax, and estate planning reviews the strengths and weaknesses of the farmland protection tools available The authors describe the many challenges involved in protecting farmland and explain how to create a package of techniques that can meet those challenges. In addition, they offer appendixes with model zoning ordinances, nuisance disclaimers, conservation easements, and other documents that individuals and communities need to carry out the programs discussed. Holding Our Ground provides citizens, elected officials, planners, and landowners with a solid basis for understanding the issues behind farmland protection, and will be an invaluable resource in developing techniques and programs for achieving long-term protection goals.

Farmworkers in Rural America, 1971-1972: A-C. Land ownership, use, and distribution. 3 v

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Publisher :
ISBN 13 :
Total Pages : 1508 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Farmworkers in Rural America, 1971-1972: A-C. Land ownership, use, and distribution. 3 v by : United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Migratory Labor

Download or read book Farmworkers in Rural America, 1971-1972: A-C. Land ownership, use, and distribution. 3 v written by United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Migratory Labor and published by . This book was released on 1972 with total page 1508 pages. Available in PDF, EPUB and Kindle. Book excerpt: