Lansing — A House panel Wednesday advanced a series of bills that would allow Detroit to adopt different property rates for occupied and vacant property, eking out a slim Democratic majority to propel a key legislative priority of Mayor Mike Duggan.
House Democrats failed to gain the needed support in Tax Policy Committee earlier Wednesday, but were able to flip the vote of a Grand Rapids Democrat later in the day and secure a majority for Duggan’s property tax reform legislation.
Baltimore Thrive, an organization dedicated to affordable housing, job creation and equitable development, endorses The Baltimore Sun’s call for “smart growth” in Baltimore (”Target Baltimore for new home construction and transform the region,” July 20). But, instead of tax breaks, Baltimore Thrive suggests atax shift that would reduce the property tax rate applied to privately-created building values while increasing the return of publicly-created land values.
A new book on Land Value Taxation has been published by Ian Hopton from the United Kingdom. Here is a description, review and author’s bio. The book may be purchased on Amazon at: https://tinyurl.com/mpf9rcrr
I believe that in the near future, the issue of taxation will become more widely discussed at all levels of government and this will include the possibility of a land value tax (LVT). At the same time, the majority of ordinary taxpayers, who may be otherwise very well informed, have probably never heard of it.