Tax Policies in Core Area Improvement Programs

The deliberate use of tax policies as a program element (of the many elements put together in organized urban core area improvement programs) has, until recently, largely been neglected. The background section considers the most common elements in such programs. The third section examines the implications of current tax policies for core areas. The fourth section describes the economic aspects of core areas that might be affected favorably by altered tax policies. The fifth section considers possible roles for tax policies in program implementation. This paper contends that there is much promise in shaping tax policies both as incentives and disincentives as an integral part of core area revitalization programs.