An introduction to two-rate taxation of land and buildings

@article{Cohen2005AnIT,
  title={An introduction to two-rate taxation of land and buildings},
  author={Jeffrey P. Cohen and Cletus C. Coughlin},
  journal={Canadian Parliamentary Review},
  year={2005},
  volume={87},
  pages={359-374}
}
When taxing real property at the local level in the United States, land and improvements to the land, such as buildings, are generally taxed at the same rate. Two-rate (or split-rate) taxation departs from this practice by taxing land at a higher rate than structures. This paper begins with an elementary discussion of taxation and the economic rationale for two-rate taxation. In theory, moving to a two-rate tax reduces the deadweight losses associated with distortionary taxation and generates… 

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