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September 04, 2002

Paying for Transit

I posted an article below from Chris Caldwell about competition for scarce land due to gentrification driving class politics. This a article in the Economist about taxing the property gains from government investment to fund transit improvements. In a sense, this is a flip side to conservative complaints about government "takings" of property; where government increases the value of property due to its regulations and spending, it should collect the capital gains for social benefit.

Posted by Nathan at September 4, 2002 10:59 PM

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