TITLE

A MODERN ANALYSIS OF THE EFFECTS OF SITE VALUE TAXATION

AUTHOR(S)
Brueckner, Jan K.
PUB. DATE
March 1986
SOURCE
National Tax Journal;Mar86, Vol. 39 Issue 1, p49
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article analyzes the impact of land value taxation and gradation of tax system in the U.S. The publication of Henry George's book "Progress and Poverty" in 1879 on the possibility of using land value taxation as a source of government revenue has intrigued economists and other social commentators. This George's idea is practiced in Jamaica, cities in Australia and New Zealand. Graded property tax systems where land is taxed at a higher rate than improvements are in use in some Canadian provinces as well as in the city of Pittsburgh and several smaller Pennsylvania communities. The concerns on predicting the effects of a shift from a typical property tax system where land and improvements are taxed at the same effective rate whereas to a system of pure site value taxation the improvements tax is eliminated and land is taxed at a higher rate and tax revenue is held constant.
ACCESSION #
4587238

 

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