We can have one without the other
“But then all real estate would go to its highest and best use,” the man complained. “Yes! Yes!” I replied. “That’s the point. That’s good.” The man was trying very hard to understand my position but seemed baffled, and I had no good response beyond… Read More »Solving the “Affordable Housing” Problem with Land value Taxes
By Frank de Jong The many organizations around the world that work to popularize the work of nineteenth-century American economist Henry George have three goals: a just society, a green society, and a prosperous society. Collectively, these organizations constitute an interconnected think tank advocating financing… Read More »What’s So Special about Henry George Anyway?
On October 25, 2019, the Minneapolis City Council approved the “Minneapolis 2040” plan. City officials produced it to guide the development of Minnesota’s largest city into the mid-21st century. The plan focuses on a variety of developmental areas, such as jobs, education, the environment, and… Read More »The Minneapolis 2040 Plan Is Unlikely to Provide Affordable Housing
The Robert Schalkenbach Foundation is pleased to announce the creation of the “Center for Property Tax Reform” (CPTR), a new, joint undertaking with our long-time collaborator, the Center for the Study of Economics (CSE) in Philadelphia. Those of you who know CSE, and its Executive… Read More »A Long-Time Partner, A New Partnership
In January of 2019, Thailand instituted a land and building tax. Two thirds of the thirty- three million property parcels had been appraised by mid-year, with the revenue intended to finance local (provincial) governments. Political pressures against the implementation of the tax, were intense in… Read More »Impacts of Land Taxes in Thailand
Restrictions on and regulation of land use are known as “zoning” in the United States and “planning” in the United Kingdom as well as in many other parts of the world. The legitimate purpose of these controls is to prohibit uses of land that are… Read More »The Economics of Land Use Controls
By Nicolaus Tideman “The Henry George Theorem” is the name that economists have given to the postulate that, under certain circumstances, a public service will increase land rent[1] enough that, if the increase in land rent is collected as public revenue, this revenue will sufficient… Read More »The Henry George Theorem
UPDATE: This post prompted an interview on the Real News Network. Watch the interview here. By: Rich Nymoen My kids recently started back to their high school, as did millions of other kids across the country. I’m fortunate that they attend public school in a… Read More »Segregation
Common Property in Land. “We must make land common property,” Henry George declared. That loaded statement has often been taken out of context. It frequently led to George being lumped in with “the socialists” (who, for their part, strongly disagreed with George; Karl Marx referred to… Read More »Henry George’s Remedy
Land Value Taxation (also known as split-rate real property taxation, and two-tiered real property taxation) is a type of real property taxation. Whereas the typical real property tax taxes both land and the improvements on the land at the same rate, LVT taxes land at a higher rate… Read More »What is Land Value Taxation?
