UBI Works Meeting – Tianbo & Liam (May 26, 2026)
Participants
Summary
Tianbo and Liam discussed progress on their LVT modeling project. Tianbo reported on recent conference activities including replication games and the CREC conference in Montreal, where US students showed increased interest in Canadian institutions due to US political developments. The main focus was Tianbo’s income and land value tax incidence analysis using BC Assessment data. [Source: Zoom meeting summary, gmail_id 19e65e5664ed21f5, 2026-05-26]
Key Findings
- Lower income households face greater burden from LVT due to higher land-to-net-worth ratios [Source: Tianbo, Zoom meeting, 2026-05-26]
- ~50% of lower-income households would lose from the tax change (income decile analysis) [Source: Tianbo, 2026-05-26]
- Vulnerable populations identified: mortgage defaulters and inherited property holders [Source: Tianbo, 2026-05-26]
- Data limitation: split-rate taxation transition modeling constrained by current dataset [Source: Tianbo, 2026-05-26]
Next Steps
- Liam: Write and send summary email to Tianbo with next steps, key research questions, deliverables, and proposed timelines for summer outputs. Deep dive into current outputs and data. Clarify large optimization problems for Tianbo. Do NOT share Tianbo’s in-progress notes with external parties until Tianbo approves. [Source: Zoom meeting, 2026-05-26]
- Tianbo: Condense and clean up data notes and model details into shareable format. Create visualizations showing trade-offs between LVT magnitude and introduction rate (housing units produced vs. decapitalization effects). Note: Tianbo has a 6-day trip abroad starting the following Monday. [Source: Zoom meeting, 2026-05-26]
See Also
- ubi-tax-policy-macro-model — the research project being discussed
- ubi-works — organizational context