taxes

What portion of income taxes go to creating better neighborhoods?

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Whether you planned ahead or rushed to get them done, income taxes were due yesterday. Income tax pays for a variety of federal programs, including programs that help communities build in better ways. What portion of income taxes go to these programs?

The White House’s Federal Taxpayer Receipt breaks down how much of the budget was spent on different programs, and what that means for an average taxpayer’s tax payment. Enter your tax information below to find out exactly where your tax payment went.

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LOCUS President Chris Leinberger promotes increased transit investment in Georgia

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Last Wednesday, LOCUS President Christopher Leinberger traveled throughout the Atlanta metropolitan region meeting with political and business leaders to lend support for the upcoming Transportation Investment Act referendum and to advocate for public transportation’s unique role as a driver of the region’s economic development.

In 2010, Georgia lawmakers passed the Transportation Investment Act, which calls for a statewide vote on whether to raise sales taxes one cent in order to fund mass transit, road, and other transportation projects in the state. The legislation divides the state into 12 regions and allows elected officials from each region to choose certain transportation projects to be funded by the tax. Currently, regions are compiling their list of transportation projects to be placed for a vote in 2012 voters.

Joined by Ray Christman, Director of Livable Communities Coalition at a Georgia Passenger Rail Coalition sponsored press conference in downtown Atlanta overlooking the future Multi-modal Passenger Terminal, Leinberger delivered a presentation on the latest trends in real estate and how demographic shifts are pushing demand toward transit-oriented, walkable development, which, as Leinberger concludes, is the next critical component of metro Atlanta’s economic development portfolio.

LOCUS