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I've never heard this argument before, no. Land value tax in fact would force people to realise the true value of the land by taxing them whether they use it or
by branchless 11y ago
I've never heard this argument before, no. Land value tax in fact would force people to realise the true value of the land by taxing them whether they use it or not. If they don't use it to full potential they either hemorrhage money or sell up ASAP.
EDIT: knock yourself out: http://www.henrygeorge.org/rent1.htm http://www.henrygeorge.org/rent1.htm
- jsprogrammer 11y agoI didn't realise land has a true value. How is it determined? What does it mean to use land to its full potential? I could build a petrol station, or I could build a mini-market/strip-mall on the same land; is one better?