Aug. 29th, 2023

I support Baltimore Thrive, which is trying to get Baltimore to tax land at a higher rate than buildings, and I get their emails. One topic of discussion lately is that another group is trying to simply cut the property tax on all types of real estate, which Georgists oppose. Our people in Baltimore are planning to warn the public of how a similar tax cut in California, Proposition Thirteen, led to sky-high land prices, with revenue raised from working people by taxes other than the property tax.

Also, one of my Georgist friends has emailed about how Fred Harrison, a British journalist who foresaw the Great Recession of 2008, and tried to warn then-PM Tony Blair, is warning of the next real estate crash and major recession in 2026. You have been reminded; I have posted about this before.

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ndrosen

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