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Posts from ‘April, 2009’

Regressive to Progressive: Land-Value Taxation for Cities

In 2007, staff of the Eastman Kodak Company in Rochester turned the demolition of several of their buildings into big parties and press bonanzas. These implosion events doubled as product launches/hearty celebrations.
Why wouldn’t Kodak be happy? By demolishing these buildings, Kodak trimmed its property taxes significantly. This is because Rochester, like most cities, levees its [...]