Documentos de trabajoFebrero 2020Wenjing Li, Matthew Cushing, and John E. Anderson
In this paper, we examine how household mobility is affected by the choice of local government finance method (taxation versus debt finance) for U.S. cities. We develop a discrete time dynamic...
Vermont Attempts a Kinder, Gentler TIF—But Will it Work?Revista Land LinesAgosto 2019By Will Jason, August 20, 2019
Vermont has enacted some of the nation’s tightest restrictions on tax increment financing, a common economic development tool with a less-than-stellar track record. Can these guardrails make TIF work?
An Update on the State of the Economics LiteratureDocumentos de trabajoAgosto 2019Andrew Hanson
There is a large literature examining the effect of taxes and tax concessions on local economic development, but the last comprehensive review of taxes and economic development was Wasylenko (1997),...
Fifty-State Study Details Growing Tax Breaks for Longtime HomeownersRevista Land LinesJunio 2019By Will Jason, June 25, 2019
In states with property tax assessment limits, tax breaks for longtime homeowners are growing at the expense of new homeowners, a new study shows.
For Taxes Paid in 2018OtroJunio 2019Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence
As the largest source of revenue raised by local governments, a well-functioning property tax system is critical for promoting municipal fiscal health. This report documents the wide range of...
Let's Talk TIFRevista Land LinesMayo 2019By Anthony Flint, May 28, 2019
Tax increment financing is one of the most widely used—and least understood—public finance mechanisms in the U.S. today. David Merriman, one of the foremost experts on TIF, talks about what communities and states can do to avoid the pitfalls.
Evidence from MarylandDocumentos de trabajoMarzo 2019Andrew T. Hayashi
Property taxes are often credited for stabilizing local government revenues during contractions, but this revenue stabilization can have destabilizing effects on households. In this paper I explore...
Designing Land Value Capture Tools in the Context of Complex Tenurial and Deficient Land Use Regulatory Regimes in Accra, GhanaDocumentos de trabajoMarzo 2019Samuel Banleman Biitir
Rapid urbanization has increased the demand for urban infrastructure services. Municipalities have attempted to finance infrastructure services with value capture instruments. The paper highlights...
As Real Estate Booms, Can Texas Offer Property Tax Relief?Revista Land LinesMarzo 2019By Will Jason, March 19, 2019
As property tax bills rise, Texas is looking to provide relief without hurting public services.
Enfoques en políticas de sueloSeptiembre 2018David Merriman
“This report will be the ‘go-to’ resource for public policy practitioners, municipal officials, and worldwide local development officers for two reasons. First, it is written by a...