We Need An LVT Fix
The Philadelphia Public Record
January 22, 2009
The Philadelphia Public Record goes on the record as the first local paper to endorse a land value tax to tackle the budget crisis.
The Philadelphia Public Record has run an excellent front-cover piece on the land value tax today. Be sure to pick up a copy at one of the many locations across the city. We'll post a link to the Web version when its available in the archive. From the article:
"The property tax has remained stable while other City taxes have seen reductions due to the poor business climate. How to increase that revenue source, without adding a heavy burden to [home]owners, is answered by the [land value tax]."
