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The number one way of earning money from idle land is just to wait for its value to increase. That doesn't apply to all land, but it does apply to all land in a
by TheCoelacanth 10y ago
The number one way of earning money from idle land is just to wait for its value to increase. That doesn't apply to all land, but it does apply to all land in areas that have a housing affordability problem.
- Jtsummers 10y agoBy this proposal, can you even make money off the sale of land? Wouldn't that, also, be taxed 100%?
- TheCoelacanth 10y agoPresumably yes, since the explicit purpose of this proposal is to prevent all profit from idle ownership of land.