That's not how Land Value Tax (LVT) works, at least under the economic theories I'm familiar with. And there's this quote[1]: "Because the supply of land is es

That's not how Land Value Tax (LVT) works, at least under the economic theories I'm familiar with. And there's this quote[1]: "Because the supply of land is essentially fixed, land rents depend on what tenants are prepared to pay, rather than on landlord expenses, preventing landlords from passing LVT to tenants." Unlike property tax, LVT only taxes based on the land itself, and so doesn't disincentivize more productive (i.e. costlier) use of the land. [1] https://en.wikipedia.org/wiki/Land_value_tax#Economic_effects https://en.wikipedia.org/wiki/Land_value_tax#Economic_effect...