in collaboration with Spotlight on Poverty and Opportunity

Create jobs from land policy change

File under: taxes, untax buildings, lower land prices, open job opportunities, jobs

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From: Walter R., Silver Spring, MD

My research shows that America's original full employment policy was based on free or easily affordable land -- rural land for farming, lumbering and hunting, and also town sites for homes, stores and workshops. Easy access to land is again a pro-jobs option. It's been proven so by cities that made a simple change in their property tax: reducing the tax on buildings and leaving it primarily on community-created location values. This greatly eases the cost of acquiring sites, and discourages land speculation that holds prime sites out of use and thus suppresses job opportunities. To learn more, see my forthcoming book in January 2011.


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