Tax Increment Financing (TIF) with Randal O'Toole of the CATO Institute
Channel: hearusnowvideo
Date: 2011-10-13

Randal O'Toole, Senior Fellow at the Cato Institute speaks on Tax Increment Financing. What it is and the resulting damage to communities.

"Tax-increment financing (TIF) is an increasingly popular way for cities to promote economic development. TIF works by allowing cities to use the property, sales, and other taxes collected from new developments — taxes that would otherwise go to schools, libraries, fire departments, and other urban services — to subsidize those same developments. (http://www.cato.org/pub_display.php?pub_id=13095)"

Please visit the web page of Mr. O'Toole at the CATO Institute to learn more about him as well as his personal blog.

http://www.cato.org/people/randal-otoole
http://ti.org/antiplanner


Hear Us Now thanks Mr. O'Toole for the time he spent with our small group of people. 

www.hearus-now.org
10.11.11
Gander Mountain
Thornton, Colorado