I propose that cities ought to exempt from taxation the improvements to land --
houses of worship, colleges, nonprofits -- but should not exempt the value of
the land on which they sit, on the basis that many are occupying more land than
they need, or are likely to need in the short term, thereby excluding others
who would put that land to good use.

Municipalities which try this might find that they liked the idea so well that
they would do the same for the business and residential property, exempting
those buildings and equipment from property taxation, too.

Posted by Wyn Achenbaum on Nov. 26, 2009 at 09:09 AM