June 24, 2010

St. Louis and Pittsburgh, Lead and We Shall Follow

I came across this St. Louis Business-Journal blog post from a week ago arguing that St. Louis should follow the example set by Pittsburgh. I liked the post, and have no qualms with the main recommendation. However, it did seem a little heavy on top-down central planning, and — most unfortunately — does not mention Pittsburgh’s transition to land taxes as one of the reasons for their resurgence. I absolutely agree that St. Louis should adopt land taxation to replace its earnings tax! And Kansas City, too.

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