Flint, Michigan mayor suggest LVT
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Frank de Jong
May 10, 2012, 6:10:04 PM5/10/12
to Earthsharing Canada Google Group
By Dayne Walling/Flint mayor:
...... "There also are innovative property tax systems such as land value taxation that separates the value of the land itself from the buildings and equipment on it. Set at the optimal rate, this discourages speculation and encourages private investment — the twin objectives of city real estate market improvement. Pittsburgh, Pa., has a similar approach and is one of the models for Midwest urban redevelopment."
Frank de Jong
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