Winnipeg’s Mayoral Candidate: Let’s Levy Land Values
|August 18, 2014||Posted by Staff under Uncategorized|
This 2014 excerpt of Rebuilding the Fiscal Balance: Creating a greater and better downtown for all citizens, Part II, Aug 15, is by Robert Falcon Ouellette, candidate for Mayor of Winnipeg Canada.
I have a comprehensive financial strategy to ensure that the citizens of the City of Winnipeg are served by an effective and efficient public service [consisting mostly of] …
1. Land Value Tax
Downtown surface parking lots within the city are an eyesore and create a feeling of danger because they are dead-zones. They create a feeling of vulnerability for pedestrians and represent the greatest impediment to the long-term success of Winnipeg.
Owners of older buildings tear them down to reduce their property taxes and avoid the need to repair and replace older buildings.
Land Value Taxation has already been implemented in Denmark, Estonia, Russia, Hong Kong, Singapore, Taiwan, Australia, Mexico, and the United States.
Over time, as surface parking lot owners stopped the long-term speculation, delaying building on their lots, and instead felt an incentive to find development money, we would see a drastic change in the ambience of our city.
Ed. Notes: Some politicians have the courage to say what they know is right. And public recovery of the value of locations is right. Right morally because nobody made the land and the whole community makes its value. And it is right practically because, as noted, it drives efficient use of land. May Robert Falcon Ouellette become a model for others. And may he win!