Sjoquist, David L. - International Center for Public Policy, Andrew Young … - 2005
In 1957, Jamaica converted its property tax from one based on the capital value of land and all improvements, to one based on just the unimproved value of land, i.e., to a land value tax.2 In 2002, Jamaica revalued all parcels, the first revaluation in 9 years. In response to the six-fold...