Momentum is building behind tax reform ideas in Detroit. Do they address the underlying troubles?

Detroit's extremely high property tax rates are discouraging residents and businesses from moving to or staying in the city, despite generating relatively little revenue. Jared Fleisher, CEO of major developer Bedrock, recently proposed three tax reforms at the Detroit Policy Conference: increasing taxes on vacant land to discourage speculation, implementing new taxes on visitors who use city services, and restructuring development incentives to be smaller but spread over longer periods. Tax policy expert Eric Lupher from the Citizens Research Council of Michigan analyzed these proposals, finding them complex and not without risks but potentially helpful for focusing reform discussions.