More from Rochester, NY

From Green Village Consulting:
"Also consider that a property tax so heavily weighted on buildings and improvements and so little on land encourages dilapidation, underutilization, speculation and sprawl. At the same time, those who put time and money into making their properties, neighborhoods, and city durable and beautiful are rewarded with hiked assessments and taxes. What’s more, under the current system, we give tax breaks to a select few to achieve the kinds of urban development that the land value tax would enable across the board–LVT essentially gives the tax break to everyone without the city giving up the tax revenue."