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Full-Text Articles in Law

Bargaining For Takings Compensation, Abraham Bell, Gideon Parchomovsky Sep 2005

Bargaining For Takings Compensation, Abraham Bell, Gideon Parchomovsky

Faculty Scholarship at Penn Carey Law

Efficiency and fairness require paying full compensation to property owners when their property is taken by eminent domain. Yet, to date, the evidentiary challenge of proving subjective value has proved insurmountable, and current law requires condemnees to settle for fair market value. This Article proposes a self-assessment mechanism that can make full compensation at subjective value practical. Under our proposal, property owners must be given the opportunity to state the value of the property designated for condemnation. Once property owners name their price, the government can take the property only at that price. However, if the government chooses not to ...


Assessment Of Certain Classes Of Real Estate Under Depression Conditions, Robert C. Brown Jan 1939

Assessment Of Certain Classes Of Real Estate Under Depression Conditions, Robert C. Brown

Articles by Maurer Faculty

No abstract provided.


Remedies Of Illegal Taxation, Thomas M. Cooley Dec 1880

Remedies Of Illegal Taxation, Thomas M. Cooley

Articles

Taxation is to a nation what the circulation of the blood is to he individual; absolutely essential to life. In ordinary times it is the chief burden which government imposes upon the people, and is likely, therefore, to be the greatest source of discontent. This renders it of the utmost importance that taxation should as nearly as possible be just, and also that it should appear to those who pay it to be just. Absolute justice, however, is unattainable.