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Empty Spaces: How Our Tax Policies Caused the Present Seizure by Unbalancing Hard and Soft Capital

Why we have more buildings than we use.
Many stores have closed in the last year; they stand empty behind signs reading “Available”, “For lease”, or “First month free”. So have many industries, their gates padlocked, their girders rusting. The capital in them is wasted, poured down a rat-hole. Multi-million dollar freighters are mothballed at Subic Bay, with no cargos . . . → Read More: Empty Spaces: How Our Tax Policies Caused the Present Seizure by Unbalancing Hard and Soft Capital

New Life in Old Cities

Some cities have grown in notable spurts. Some of these cities were new; others have revived after decaying. Cities’ cells, like ours, metabolize and can refresh themselves constantly. Cities need not die like us. They can continue this cycle of renewal forever, when people remodel buildings and clear and renew sites. This can happen even after periods of sickness . . . → Read More: New Life in Old Cities

The Danger of Favoring Capital over Labor

This paper deals with an anomaly one meets when seeking to teach and apply the ideas promoted by Henry George. How does one forward the interests of labor by untaxing capital? George left some unanswered questions, and later writers and activists have not met them.

Mason Gaffney, 2004, in Lindy Davies (ed.), The . . . → Read More: The Danger of Favoring Capital over Labor

The Taxable Capacity of Land

The question I am assigned is whether the taxable capacity of land without buildings is up to the job of financing cities, counties, and schools. Will the revenue be enough? The answer is “yes.”

1993. In Patricia Salkin (ed.), Land Value Taxation, Papers from a Conference sponsored by The Government Law Center of Albany Law School, The Senate Environmental . . . → Read More: The Taxable Capacity of Land

How to Revitalize a Failing City

GEORGIST POLICY HAS been shown as a means to revive dying cities, and in the process to reconcile equity and efficiency, to reconcile supply side economics with taxation, and to reconcile capital formation with taxation of the rich. It can be seen as a means of harmonizing collectivism and individualism, in the most constructive possible ways. I know of no other . . . → Read More: How to Revitalize a Failing City

The Synergistic City: Its Potentials, Hindrances and Fulfillment

The object of human organization is synergy, combining parts into a whole greater than their sum. Large organizations seek synergy in hierarchy and financial controls. Cities achieve it by bringing independent actors into mutual access so they can cooperate via free contracts and association in the marketplace, in government and society. This paper purports first to show how market allocation of land operates to . . . → Read More: The Synergistic City: Its Potentials, Hindrances and Fulfillment

Sources, Nature and Function of Urban Land Rent

NOT MANY YEARS AGO, mention of taxing ground rent was likely to evoke at best pleadings of ignorance, usually well founded, and at worst scorn and rage, similarly founded. More recently, many economists have set out to dispel the ignorance.

AJES 31(3):241-58 . . . → Read More: Sources, Nature and Function of Urban Land Rent

The Property Tax is a Progressive Tax

“The regressive property tax” has become a common block phrase among economists and in the popular press. President Nixon’s support for revenue-sharing is increasingly based on the need to protect the poor from heavy property taxes. Some prominent tax economists are favoring even sales taxes to make the tax system more progressive, by lowering the property tax.’ Even local income taxes, . . . → Read More: The Property Tax is a Progressive Tax

What is Property Tax Reform?

CAN PROPERTY TAX REFORM help the propertyless, the working men and women who-labor-for-wage incomes—the majority of Americans? Property is owned by people of property—the rich. Ownership of this rich tax base is concentrated in a few hands, much more so than income. The top 10 per cent of income receivers in the United States receive something like 30 per cent of . . . → Read More: What is Property Tax Reform?

Policies and Practices Affecting Urban Land Costs as an Element of Housing Costs

Land is a major cost element of urban housing. Site values of improved urban lots are about 20 percent of the total value of new single unit dwellings. However, this ratio varies significantly between neighborhoods and regional areas in the United States. For example, for the third quarter, 1967, FHA data for proposed one-family homes to be financed under Section . . . → Read More: Policies and Practices Affecting Urban Land Costs as an Element of Housing Costs