4 ms·
No, the land value tax is one of the most notoriously difficult taxes to properly implement, which is why it's so rare. (Also, having it in addition to others,
by vezzy-fnord 11y ago
No, the land value tax is one of the most notoriously difficult taxes to properly implement, which is why it's so rare.
(Also, having it in addition to others, instead of making it the traditional Single Tax ruins the whole point.)
- JDiculous 11y agoNo. Valuation might not be trivial, but LVT would definitely be the easiest tax to enforce. Don't pay the taxes on the land you own? You lose ownership. Ideally it'd be the single tax, but that doesn't preclude it from being useful in conjunction with other taxes. For example, we could start by simply replacing property taxes with LVT, and that alone would spur economic growth.