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You could easily bill an anonymous owner or property-holding LLC. The land isn't going anywhere so it's easy to confiscate if no one pays.
by blackbagboys 9y ago
You could easily bill an anonymous owner or property-holding LLC. The land isn't going anywhere so it's easy to confiscate if no one pays.
- colejohnson66 9y agoBut then couldn’t you look up who owns the company?
- moomin 9y agoPossible, maybe Easy? Not really. You have problems of homelessness, problems of enforcement cost, problems of beneficial ownership. If a man is living in his ex-wife's house as part of a divorce settlement, and there's a 90% mortgage on the property, who should be paying? What's going to happen if it isn't paid to each party? Could a bad actor exploit this situation? In terms of sheer complexity, Land Law is probably second only to Tort Law.
- dredmorbius 9y agoSeveral ofthose issues aare addressed through other dynamics of land taxation. See George and Ricardo.
- moomin 9y agoBear in mind we're talking about these in the context of a no-identity scenario. This isn't about the practicalities of Land Taxation as it stands, but the practicalities of land taxation if you can't identify the owners or beneficial owners.
- dredmorbius 9y agoBeing able to reclaim the land itself obviates much of that concern.
- moomin 9y agoOkay, we've just entered a loop now. Have a nice day.