The base assessment rate is only determined by the unimproved land value. The value of real property improvements is subtracted\untaxed. If an abandoned lot is

The base assessment rate is only determined by the unimproved land value. The value of real property improvements is subtracted\untaxed. If an abandoned lot is adjacent to a well maintained house, the tax rate is the same for both owners, despite the real estate value of the house being much higher due to the labor invested by the homeowner. Values would be reassessed quarterly rather than only upon change of ownership. There would be no negotiated exemptions on taxes for commercial developers and they would have to pay the land value tax even if they leave the lot abandoned. If commercial developers want to decrease their land taxes, then they can build vertically and leave more land left over for housing and wildnerness. There would be no sales, earnings, payroll, income, excise, personal property, tariffs,state, or federal taxes for residents. Residents in land tax counties would only pay the single land value tax to the county assessor. The county would then pay negotatiated state taxes on behalf of its residents, and ideally the state would also pay negotiated federal taxes on behalf of its counties.