Download or read book A Methodology to Assess the Effects of State Land Transactions on Local Property Taxes written by Siegel, Michael L. and published by . This book was released on 1983 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessing the Theory and Practice of Land Value Taxation written by Richard F. Dye and published by Lincoln Inst of Land Policy. This book was released on 2010 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The land value tax is the focus of this Policy Focus Report, Assessing the Theory and Practice of Land Value Taxation. A concept dating back to Henry George, the land value tax is a variant of the property tax that imposes a higher tax rate on land than on improvements, or taxes only the land value. Many other types of changes in property tax policy, such as assessment freezes or limitations, have undesirable side effects, including unequal treatment of similarly situated taxpayers and distortion of economic incentives. The land value tax can enhance both the fairness and the efficiency of property tax collection, with few undesirable effects; land is effectively in fixed supply, so an increase in the tax rate on land value will raise revenue without distorting the incentives for owners to invest in and use their land. A land value tax has also been seen as a way to combat urban sprawl by encouraging density and infill development. Authors Richard F. Dye and Richard W. England examine the experience of those who have implemented the land value tax -- more than 30 countries around the world, and in the United States, several municipalities dating back to 1913, when the Pennsylvania legislature permitted Pittsburgh and Scranton to tax land values at a higher rate than building values. A 1951 statute gave smaller Pennsylvania cities the same option to enact a two-rate property tax, a variation of the land value tax. About 15 communities currently use this type of tax program, while others tried and rescinded it. Hawaii also has experience with two-rate taxation, and Virginia and Connecticut have authorized municipalities to choose a two-rate property tax. The land value tax has been subjected to studies comparing jurisdictions with and without it, and to legal challenges. A land value tax also raises administrative issues, particularly in the area of property tax assessments. Land value taxation is an attractive alternative to the traditional property tax, especially to much more problematic types of property tax measures such as assessment limitations, the authors conclude. A land value tax is best implemented if local officials use best assessing practices to keep land and improvement values up to date; phase in dual tax rates over several years; and include a tax credit feature in those communities where land-rich but income-poor citizens might suffer from land value taxation.
Download or read book The Role of the States in Strengthening the Property Tax written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1963 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the Potential Effects of a Movement Toward a Land Value Based Property Tax written by Lehigh University. Institute of Research and published by Economic Education League. This book was released on 1958 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact of the Property Tax written by Dick Netzer and published by . This book was released on 1968 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Property Tax in a Changing Environment written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1974 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of State Personal Property Taxation on Effective Tax Rates for Commercial Property written by Aaron Twait and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Commercial properties have considerably different amounts of personal property as part of their total parcel value, depending on the nature of the business situated on the parcel. Given the differences between and even within states in the tax treatment of various types of personal property, different types of businesses can experience very different effective tax rates on parcels with identical real property value. This research explores issues related to the development and application of a methodology to measure these differences and incorporate them into the 50-State Property Tax Comparison Study jointly produced by the Minnesota Center for Fiscal Excellence and the Lincoln Institute of Land Policy. We find that there are considerable differences in effective tax rates between different types of commercial parcels. Rankings can also shift considerably between the results for commercial property as published in the 50-State Study and the various alternatives we explored. Nevertheless, we conclude that the current study assumptions realistically model the property taxes payable on the most common type of commercial property, office property. We also suggest an approach to presenting more information and perspective on the influence of personal property within the 50-State Property Tax Comparison Study.
Download or read book Impact of the Property Tax written by Dick Netzer and published by . This book was released on 1968 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book State and Local Ratio Studies Property Tax Assessment and Transfer Taxes written by and published by . This book was released on 1980 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the Potential Effects of a Movement Toward a Land Value Based Property Tax written by and published by . This book was released on 1958 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of the States in Strengthening the Property Tax written by United States. Advisory Commission on Intergovernmental Relations and published by . This book was released on 1963 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the Potential Effects of a Movement Toward a Land Value Based Property Tax written by Eli Schwartz and published by . This book was released on 1958 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Property Taxation Effects on Land Use and Local Government Revenues written by Library of Congress. Congressional Research Service and published by . This book was released on 1971 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Property Tax Land Use and Land Use Regulation written by Dick Netzer and published by Edward Elgar Publishing. This book was released on 2003 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text brings together essays by scholars connecting the property tax with land use. They explore the idea that the property tax is used as a partial substitute for land use regulation and other policies designed to affect how land is utilized. Like many economists, the contributors see some type of property taxation as the more efficient means of helping to shape land use. Some of the essays analyze a conventional property tax, while others consider radically different systems of property taxation. context of a dynamic model of real estate markets. The remaining papers examine how various tax mechanisms and non-tax alternatives to regulating and determining land use, such as zoning and private neighbourhood associations, complement or substitute for one another. Urban planners and economists interested in local public finance should find this a useful study.
Download or read book An Analysis of the Potential Effects of a Movement Toward a Land Value Based Property Tax written by and published by . This book was released on 1958 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Incidence of State and Local Taxes Under Fiscal Change written by Dennis N. De Tray and published by . This book was released on 1980 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effect of State Landownership on Property Taxes written by E. J. Faber and published by . This book was released on 1982 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
