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If anything, this has convinced me that public transit and other public services should be funded entirely with property tax.
by dgfgfdagasdfgfa 9y ago
If anything, this has convinced me that public transit and other public services should be funded entirely with property tax.
- ThrustVectoring 9y agoGeorgism brings up some really fantastic points along this line. If you want to be technically pedantic, exclude the value of improvements on the property. You don't really want to tax the act of replacing an empty lot with a $10MM factory. You do want to tax the right to use land within the catchment of the various services the state provides. Land isn't produced, so you can't disincentivize producing it. https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism