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Try not paying property tax and see how long you can stay on your "purchased land". I'm not yet seeing much addressing determination of the relative value of t
by ctdonath 11y ago
Try not paying property tax and see how long you can stay on your "purchased land".
I'm not yet seeing much addressing determination of the relative value of the land: a square foot in Manhattan is extremely valuable, while a square foot most anywhere in Arizona or Wyoming (my favorite state) is practically useless. Roughly half of all land counts as "rank wilderness" which almost nobody could make use of; other land is extremely productive, some not really requiring any effort beyond simply harvesting what naturally thrives there.
That said, I tend to alternate between despising property taxes vs thinking they're about the only legitimate taxation. As said, there's a finite supply of land servicing a growing population.