Starts Thursday, February 6, 2014
at 12:30 AM for 120 minutes
Case Studies In New York City Property Development
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On behalf of my group, Common Ground-NYC, and the Henry George School, please come to a seminar on the effect of under-taxing NYC land and over-taxing its buildings and improvements.
By replacing the existing tax system with a split-rate tax that taxes land higher than buildings, we will encourage more efficient use of land and more opportunities for development that will provide jobs and businesses for the city. The split rate tax has been used successfully all over the world to improve communities, ranging from Pittsburgh and Harrisburg, PA, to Singapore and Hong Kong. It is perhaps the most proven economic theorem in the world.
The seminar will cover local examples of inefficient taxation ranging from parking lots to Billionaire's Row on 57 street. At the end, participants will know where billions of dollars in city revenues can be found, literally beneath our feet. They will also understand how the tax on land can actually spur growth and opportunity, unlike all other taxes that discourage productivity.
The seminar is particularly timely given Mayor Bill de Blasio's and Comptroller Scott Stringer's support for taxing vacant land at higher prices to encourage development.
The seminar will be given at:
The NYC Conference and Seminar Center,
71 West 23rd Street , New York , NY 10010
6:30-8:30 Feb. 5.
It will be recorded for webcasting as well.
This presentation was given at the Henry George School last Fall, and was so well received we are giving it again to a select audience. That presentation is here, but it will be updated for the upcoming presentation.
Please RSVP by responding to this email with the number and names of those who will attend, or register on meetup.com here:
Organization: Common Ground-NYC / Henry George School
Directions: 71 West 23rd Street and 6th Ave, New York, NY
Contact Info: Scott Baker (firstname.lastname@example.org)