CHAPTER 10

Property Taxation

In collaboration with Dane Lindholm and Malachi Rhoden

One policy resource that governments have is the power of taxation. Selectively making certain areas tax havens creates incentives for development to occur in these designated areas. They can stimulate spending and development; an important concept when analyzing how to meet certain urban-planning goals.

During a prior stage of inequality in the late 1800s, social reformer Henry George proposed a new solution to motivate economic development. He proposed to “abolish all taxation save that upon land values” (George 1879). Since the financial crisis of 2008, much of the world has had difficulty incentivizing landowners to invest and construct on undeveloped land. ...

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