3 ms·
> Since the growth is exponential, if the pain becomes too great after N years, then everyone is forced to sell after N years. This is why a real land-value ta
by bufordsharkley 10y ago
> Since the growth is exponential, if the pain becomes too great after N years, then everyone is forced to sell after N years.
This is why a real land-value tax wouldn't simply grow, but would rather reflect the current market value of the land.