Word: increment
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Dates: during 1960-1960
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...concludes HOUSE & HOME, cities and towns must act fast. Most experts agree that "the first point of attack should be to ease the too-heavy tax burden on houses and other improvements, multiply the too-easy tax load on unimproved land, and make the unearned increment in land prices provide much more of the taxes needed to provide the streets, water, sewers and schools without which unimproved land would be neither livable nor salable...