Summer school break means a few off topic posts of interest.
Since the recent courts seemed to be on the side of developers and tax greedy local governments this is hopefully GREAT news for property owners everywhere.
"...It is the policy of the United States to protect the rights of Americans to their private property, including by limiting the taking of private property by the Federal Government to situations in which the taking is for public use, with just compensation, and for the purpose of benefiting the general public and not merely for the purpose of advancing the economic interest of private parties to be given ownership or use of the property taken..."
http://www.whitehouse.gov/news/releases/2006/06/20060623-10.html
What this means is: "By executive order of the president of the United States, you can't take my house to build a casino to increase tax revenue."
If you haven't been following the news and court rulings lately, this was where some local and state governments were headed with the "eminent domain" issue.
Unfortunately this order only applies to the Federal government. Hopefully it will migrate down to the state and local governments as well.
(Thanks Darren for finding this one...)
2 comments:
But I was so looking forward to having that casino next dooor.
Indeed, good news.
Given that our government was founded over a dispute about property (aka taxes as a way to take some) I still haven't understood how the court came up with its reasoning over eminent domain abuses.
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