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increment value tax - translation to russian
![[[Anne Robert Jacques Turgot]], a leading physiocrat](https://commons.wikimedia.org/wiki/Special:FilePath/Anne Robert Jacques Turgot.jpg?width=200 "[[Anne Robert Jacques Turgot]], a leading physiocrat")
![Everybody works but the vacant lot – [[Henry George]]](https://commons.wikimedia.org/wiki/Special:FilePath/Everybody works but the vacant lot (cropped).jpg?width=200 "Everybody works but the vacant lot – [[Henry George]]")
![[[Henry George]] in 1865](https://commons.wikimedia.org/wiki/Special:FilePath/Henry George.jpg?width=200 "[[Henry George]] in 1865")
![burden]] of the tax falls entirely on the land owner. There is no change in the rental price and quantity transacted, and no [[deadweight loss]].](https://commons.wikimedia.org/wiki/Special:FilePath/Perfectly inelastic supply.svg?width=200 "burden]] of the tax falls entirely on the land owner. There is no change in the rental price and quantity transacted, and no [[deadweight loss]].")
['lændtæks]
существительное
общая лексика
налог на земельную собственность
земельный налог
Definition
Wikipedia
Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world.
Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all U.S. states excepting Arizona had authorized the use of TIF. The first TIF in Canada was used in 2007. This model has been heavily criticized by Libertarian-Conservative groups and left wing progressive groups.
