A vacant lot stands along, surrounded by houses. Why is this land taxed differently then the developed lots? Experts estimate that, at current construction rates, it will take over seven years to ...
I previously wrote columns about policies that could improve housing supply in Bloomington, and mentioned land value tax as a replacement for traditional property taxes. This idea was popularized by ...
Gov. Tina Kotek’s Housing Production Advisory Council suggested a massive tax increase could be necessary to achieve her housing goal of 36,000 new homes a year, with recommendations including tax ...
The goal of the property tax is to generate revenue for local governments, to provide schools, roads, parks, libraries, and public-safety services. And while the property tax does accomplish this, it ...
Detroit is just a decade removed from becoming the largest city in American history to file for bankruptcy, and the Michigan metropolis continues to struggle economically even 10 years later. While ...
Learn how property reassessment and mill levy impact your taxes. Find out what reassessment is, how it works, and why it ...
Rep. Marjorie Taylor Greene (R-GA) has pivoted from a bonkers approach to foreign affairs to backward fiscal policy in her continued attempt to achieve relevance despite her attacks on President ...
ALBANY, N.Y. (NEXSTAR) — On the eve of Tax Day, Democratic state legislators introduced a bill that would shift property taxes to a land value tax. Sponsors say transforming the current system would ...
Vacant lots still have taxes levied against them. When it comes to property taxes, the amount you owe will depend on whether you buy a house, build a house, or own land. Your geographical location and ...