Two years ago at a conference on local government reform, I met Stephan Fantauzzo, a union leader who represents municipal workers in the City of Indianapolis. Fantauzzo provided a union perspective on the wave of reform now underway in local …
When Michigan ended school property tax, house prices shot up.
In Wisconsin, attaching the handouts to a work requirement has benefitted everyone.
The world recently lost two great minds in the field: Julian Simon and Mancur Olson. These two men had profound knowledge of the field of economics.
A bright man with a vibrant message bounced through Winnipeg last week, and moved our community a few steps closer to breaking out of our public school malaise.
A famous economist once said: “There is no such thing as a free lunch”. He was right. So beware of elected officials who skirt the sad results of excessive property taxation by offering high profile “freebies”. It’s another reason your house in Winnipeg suffers from the lowest property values in Canada.
People can escape paying their share by moving to lower-tax communities just outside the perimeter: they simply work and consume services in Winnipeg without paying for them. As the city’s population falls, capital and operating costs are spread over fewer people. Taxes must then go up, but this stimulates even more flight to the exurbs. And so on.