2 ms·
A land tax with the same total revenue of a property tax benefits those with houses that are expensive w.r.t. the landvot sits on. This means some people would
by rocqua 8y ago
A land tax with the same total revenue of a property tax benefits those with houses that are expensive w.r.t. the landvot sits on. This means some people would be worse of, and some better of.
In general, it drives high density and quality development. I might speculate that this will increase demand for housing, which would push up land value.