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Tax System Comparison

  • Welcome to Delaware - Home of Tax Free Shopping

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  • Evasion vs. Avoidance
  • Mobility
    • Sales Tax Mobility - in smaller states along borders
    • Income Tax
  • Delay
  • Regressive Taxes
    • Property Tax - hits new and small businesses hard, poor neighborhoods - low land value, all the value is in the building, midtown - building is low relative to land value
  • Tax Collapse

Land value provides a reliable revenue stream

Sales, Income, or Business - ask analyst from Left and Right - first tax revenue streams to collapse during bad times Property tax is very slow - 5 to 10 year catch up

  1. of people subsidized - monopoly privilege