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Vacant Land or Vacant Tax Policy?
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http://www.commongroundnyc.org/vacant.htm
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Real Estate and Business Cycles: Henry George's Theory of the Trade Cycle by Fred E. Foldvary
Economists estimate 22-40% of annual income comes from increases in the value of Natural Resources. None of this is
earned; it simply increases due to population growth and inflation.
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http://www.change.org/petitions/view/tax_vacant_unused_land_to_return_its_value_to_the_community
6
http://www.change.org/petitions/view/a_new_form_of_capitalism_geonomics
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From a peak level of $884 million in 2007…spurred by low interest rates and strong demand for
commercial investment properties, Urban Tax receipts…are projected to decline (83.3%) in 2009 to
$148 million.
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Common Ground – NYC
415 East 52nd Street, New York City, NY 10022
Concerned
about High
Taxes?
http://www.commongroundnyc.org/
http://groups.google.com/group/common-ground-nyc
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Rights to the Products of Earth for All, and Rights to the Products of Labor for Each.
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