The Two-Tiered Property Tax Explained

Marvin Morris

[2011]

The Two-Tiered Property Tax is very simple: The tax rate on buildings is gradually lowered - resulting in increased remodeling, newer buildings, new jobs, sustained employment; an increasing tax on land (which is really for location advantages not provided by the titleholder). This results in moderating the purchase price for land and more cash available for investing in construction of buildings.

Please do not let the simplicity and benefits of these applications obscure your vision of the many other important results and powerful impacts this will have in redeveloping a healthy economy. The results include avoiding the real estate "Boom Bust" in our economy. This helps avoid the loss of an enormous amount of homes and jobs and removes an existing incentive for corruption in government. It deals with sprawl and its impact on our cities and environment, removes "double taxation", and eliminates a vitally important factor in inflation. This may seem like a dream, but with the facts and logic presented - an open mind will create new vistas for the understanding of the meaning of "enlightened self-interest".