> LVT implicitly incentivizes density. Not necessarily, although that is certainly how it works in many residential situations. The general idea is removing t

> LVT implicitly incentivizes density. Not necessarily, although that is certainly how it works in many residential situations. The general idea is removing the marginal disincentive for high-value _use_ of the land. Property taxes mean for every dollar you spend making something more awesome, you get taxed more. Instead, we should encourage awesomeness on the margin, and discourage people who use land that could be awesome in the least awesome ways.