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Could this obscure tax idea reshape American housing?
January 5, 2024/
Mayor Duggan, who is spearheading the effort, hopes this land-value tax idea will incentivize development on blighted property as well as offer some tax relief to homeowners, who bear some of the highest rates in the country. The Duggan administration estimates that under his proposal 97 percent of Detroit homeowners will see an average decrease of 17 percent in property tax.



