PP964
Analítico de Periódico
FARRIS, Nathan
What to do when Main Street is legal again : regional land value taxation as a new urbanist tool / Nathan Farris
University of Pennsylvania Law Review, Philadelphia, v.164 n.3 (February 2016), p.755-777
DIREITO DO URBANISMO / EUA, PLANEAMENTO URBANO, POLÍTICA FISCAL
This Comment assumes suburban sprawl is inimical to the common good and ought to be slowed and, if possible, reversed. My purpose is not to prove that there is a problem, but to explore a potential solution: Land Value Taxation (LVT). Finding a solution, however, begins with identifying the causes of the problem. Accordingly, Part I briefly examines single-use zoning’s contribution to the problem of sprawl, and concludes that New Urbanists are making tremendous progress toward reforming single-use zoning. I suggest that our current property tax system is another cause of sprawl and, given the success of zoning reform, ought to be the target of New Urbanist policy advocacy. Part II posits LVT as an alternative to our current single-rate tax system and explores LVT’s dual ability to incentivize denser development and disincentive land speculation at the suburban fringe. Part III concludes that LVT can be most effectively implemented at the regional level.