property taxes

Examples of property taxes in the following topics:

• Staking the Desk: Unequal Funding

  • Because schools are funded by property taxes, schools in poor areas receive less funding then schools in wealthier areas.
  • In the United States, most public schools are funded primarily through local property taxes.
  • Since school funding is often based on property taxes, poorer neighborhoods may have less money available for schools.

• Savage Inequalities

  • But high taxation rates on low-value property do not generate much revenue, and these schools remain underfunded.
  • Kozol argues that property taxes are an unjust funding basis for schools, one that fails to challenge the status quo of racial-based inequality.
  • He argues that racial segregation is still alive and well in the American educational system; this is due to the gross inequalities that result from unequal distribution of funds collected through both property taxes and funds distributed by the state in an attempt to "equalize" the expenditures of schools.

• Education

  • Such schools are likely to be of higher quality in affluent areas than in impoverished ones, since they are funded by property taxes within the school district.
  • Wealthy areas will provide more property taxes as revenue, which leads to higher quality schools.

• Property

  • Property refers to the sum total of one's possessions, as well as their regular income.
  • Private property is the ownership, control, employment, ability to dispose of, and bequeath land, capital, and other forms of property by persons and privately owned firms.
  • Private property is distinguishable from public property and collective property, which refers to assets owned by a state, community, or government rather than by individuals or a business entity.
  • The concept of property is not equivalent to that of possession.
  • If the owners must pay property taxes, this forces the owners to maintain a productive output from the land to keep taxes current.

• Urban Gentrification

  • The benefits of Darien Street gentrification included increased property tax revenues and an improved property quality.
  • Gentrification occurs when wealthier people buy or rent property in low-income or working class neighborhoods, driving up property values and rent.
  • While it brings money into blighted urban areas, it often comes at the expense of poorer, pre-gentrification residents who cannot afford increased rents and property taxes .
  • Ironically, upon full gentrification, the urban pioneers are frequently evicted as rents and taxes rise, and the young, poor professionals can no longer afford to live in the area.
  • Gentrification may be driven by governments hoping to raise property values and increase revenue from taxes.

• Unequal Access to Education

  • Even public schools may receive different rates of funding; in particular, schools in poorer areas tend to receive less funding because school funding is often tied to property taxes.
  • One of the biggest debates in funding public schools is funding by local taxes or state taxes.

• Corporations and Corporate Power

  • National and local governments often compete against one another to attract MNC facilities, with the expectation of increased tax revenue, employment, and economic activity.
  • To compete, political entities may offer MNCs incentives such as tax breaks, governmental assistance, subsidies, or lax environmental and labor regulations.
  • Confrontations between corporations and governments have occurred when governments have tried to force MNCs to make their intellectual property public.

• Families and Theory

  • In other cases, procreative families utilize marital privileges, rights, and laws (if they have access to these opportunities legally) to establish legal parenthood of a child, gain control over sexual services, labor, and / or property, establish a joint fund of property for the benefit of children, and / or establish relations between partner's larger familial networks.
  • In societies with a sexual division of labor, marriage, and the resulting relationship between a marital members, increasing economic opportunities and decreasing tax burdens, which can aid the establishment of financially stable families.

• History

  • Ways to divide private property, when it is contended, amounts of interest on debt, rules as to property and monetary compensation concerning property damage or physical damage to a person, fines for 'wrong doing', and compensation in money for various infractions of formalized law were standardized for the first time in history.
  • The rising nation-states Spain, Portugal, France, Great Britain, and the Netherlands tried to control the trade through custom duties and taxes in order to protect their national economy.

• Multinational Corporations

  • National and local governments often compete with one another to attract MNC facilities, with the expectation of increased tax revenue, employment, and economic activity.
  • To compete, political entities may offer MNCs incentives such as tax breaks, pledges of governmental assistance or subsidized infrastructure, or lax environmental or labor regulations.
  • Besides holding the promise of economic growth for local and national governments, multinational corporations also exert power over political entities once they are established, through their control over technical and intellectual property.