In a recent Mackinac Policy conference, Detroit's Mayor Mike Dugan proposed *drum roll* a land value tax. Sort of. Mayor Dugan’s proposal would create separate tax rates for land and capital improvements (i.e. the buildings on top). Specifically, he wants to decrease the tax rate on buildings by … [Read more...]
Using eminent domain to blight neighborhoods
by Stephen SmithThe Weekly Standard has a comprehensive and compelling piece of investigative reporting on Columbia University's attempt to acquire 17 acres in the heart of the Manhattanville section, north of its Morningside campus. The tale is a classic example of eminent domain abuse – the … [Read more...]