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Rays of Research on Real Estate Development by Jaime Luque

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CHAPTER 11

Two-Rate Property Taxes on Construction

In collaboration with Tyler Piddington and Maxx Marcus

Taxes have, for a long while, been a hotly contested subject in the United States and all over the rest of the world. The premise is simple, take some money from everyone in a society and use it to provide services that are better provided by the government than by private enterprise. A good idea on the face, but how exactly should it operate? Who should pay what amount? What is this amount based on: income, wealth, the value of property owned? What should these funds support: poverty relief, housing inadequacies, infrastructure, health care, public safety? Politicians and the general public constantly debate these questions. Some argue in ...

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