Opportunity’s ‘citizen’s income’ policy would do the least for the worst off, and retains many of the current system’s targeting complexities.
Articles on land value tax
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Candidates to be the next mayor of Detroit want to help build back neighborhoods. A real estate policy expert has some ideas.
Transferring the tax burden away from people’s earnings and back on to the value of any land that they own would reframe housing as a home, not an asset.
The conventional case for swapping stamp duty for land tax will boost the economy has weak underpinnings.
The light rail project pushed up property values within 800 metres of the stations by over 30% from 1996 to 2016. Gains on this scale offer a potential source of finance for public transport.
Land value gains following the opening of stage one of the Gold Coast light rail project were worth around 25% of its cost.
Not only is council tax on the rise, it’s completely out of touch with reality.
It’s not a new idea, but one that warrants a fresh look given the property bubbles in Australia and New Zealand.
Top contributors
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Research Fellow - Henry Halloran Trust, University of Sydney
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PhD in International Political Economy, University of Auckland, Waipapa Taumata Rau
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Adjunct Professor, School of Engineering and Built Environment, Griffith University
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Senior Lecturer in International Relations, University of Waikato
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Professor of Housing and Planning, The Bartlett School of Planning, Faculty of the Built Environment, UCL
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Assistant Professor of Business Law, University of Michigan
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Professor in Urban Studies and Planning, University of Sheffield
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Adjunct Research Fellow, School of Government, Te Herenga Waka — Victoria University of Wellington