Example
of Managua Real Estate Tax Bill 
Example
of Managua Real Estate Tax Bill  Example of a Managua real estate tax bill which shows the simplicity and advantage of a shift to the Land Value Tax system. Land value is highlighted in yellow and wealth values/improvements are highlighted in orange. The total tax ammount due is underlined in yellow. In this 2006 tax bill, an urban townhouse with a speculative selling price of US$60,000 and an actual rental income of US$4,800/year was oficially assessed at about US$9,500 and was taxed a total of US$76 for the year! The CEIHG's tax shift proposal is that the full non-speculative land value be captured by the state while improvements (wealth) need not be taxed. See article (in Spanish). |
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