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Wheels of Fortune: Self-Funding Infrastructure and the Free Market Case for a Land Tax - Softcover

Harrison, Fred

 
9780255365895: Wheels of Fortune: Self-Funding Infrastructure and the Free Market Case for a Land Tax
Softcover
ISBN 10: 0255365896 ISBN 13: 9780255365895
Verlag: London Publishing Partnership - IPSUK, 2006

Inhaltsangabe

It is often assumed that government intervention is required to bring to fruition large scale infrastructure projects because the large initial capital outlays such projects require must be funded from the public purse. In "Wheels of Fortune", Fred Harrison shows that large scale infrastructure projects can be made self-funding. Infrastructure projects almost always bring about a large increase in the value of adjoining land. For example, it is estimated that the London Underground Jubilee Line extension increased adjoining land values by close to GBP3 billion. When such infrastructure projects are funded by government, they therefore involve a substantial transfer of wealth from a large number of taxpayers to a small number of property owners. Harrison argues that a fairer and more efficient means to fund infrastructure projects is to capture and use the increases in land values that they bring.

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Über die Autorin bzw. den Autor

By Fred Harrison

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Verlag
London Publishing Partnership - IPSUK
Erscheinungsdatum
2006
Sprache
Englisch
ISBN 10 
0255365896
ISBN 13 
9780255365895
Einband
Taschenbuch
Anzahl der Seiten
144
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Deutschland