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Land Value Taxation and Use

The LVT Playbook: So, How Do You Build a Land Value Tax?

Imagine speaking to a Mayor and City Council. They accept the idea of a two-rate land value tax (LVT), meaning a higher tax on land assessments and a lower tax on building assessments.

They agree LVT is a worthwhile change. However, keep in mind that the city will raise the same revenue as from its current one-rate property tax.

Is a Land Value Tax Right for Roanoke, Virginia?

This report provides the results of a preliminary analysis to determine the on-the-ground effects of implementing a land value tax (LVT) in Roanoke, Virginia. While the findings contained herein give an accurate representation of changes in the general tax trends within the City that will result from the adoption of an LVT, CPTR recommends the conduct of a series of more detailed analyses to determine parcel-level and other effects before proceeding with adjustments to existing property tax codes, and is prepared to carry out this work with the participation and support of the City of Roanoke.

Is a Land Value Tax Right for Richmond, Virginia?

This report provides the results of a preliminary analysis to determine the on-the-ground effects of implementing a land value tax (LVT) in Richmond Virginia. While the findings contained herein give an accurate representation of changes in the general tax trends within the City that will result from the adoption of an LVT, CPTR recommends the conduct of a series of more detailed analyses to determine parcel-level and other effects before proceeding with adjustments to existing property tax codes, and is prepared to carry out this work with the participation and support of the City of Richmond.

What are the on-the-ground effects of a land value tax? Lessons from the Pennsylvania experience.

Property taxes are the most important revenue source for most cities and towns in the U.S., providing funding for a variety of local services and infrastructure. Unfortunately, traditional property taxes’ emphasis on taxing the value of improvements – like homes and businesses – can produce… Read More »What are the on-the-ground effects of a land value tax? Lessons from the Pennsylvania experience.