"Removing almost all business taxes, including property taxes on improvements, excepting only taxes reflecting the marginal social cost of public services rendered to specific activities, and replacing them with taxes on site values, would substantially improve the economic efficiency of the jurisdiction."William Vickrey, professor of economics and Nobel Laureate
The process of the final push for LVT in Philadelphia for FY2010 will begin this afternoon. Here is the testimony our organization will be presenting. Our goal is to get a full hearing on the subject.