Tax Increment

Some articles on tax increment:

Tax Increment Financing - Criticism
... Although tax increment financing is one mechanism for local governments that does not directly rely on federal funds, some question whether TIF districts actually serve their resident populations ... Capturing the full tax increment and directing it to repay the development bonds ignores the fact that the incremental increase in property value likely requires an increase in the provision of public services, which ... For example, the use of tax increment financing to create a large residential development means that public services from schools to public safety will need to be expanded, yet if the full tax increment is ...
California Proposition 13 (1978) - Analysis - Relationship To Redevelopment Law
13 may result in an unintended windfall in tax increment revenue for local redevelopment agencies which are restricted severely by state law on how they may use the funds ... Community redevelopment law in California is based on the controversial Tax increment financing mechanism. 12.24% of assessed property value, or $24.5 billion worth, is subject to redevelopment tax increment, and in Fiscal Year 2007–08, $232 million of property taxes went to ...

Famous quotes containing the word tax:

    The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
    Ronald Reagan (b. 1911)