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That will only push prices even higher. The cost will be pushed to the consumer, like every tax.
by cyrksoft 7y ago
That will only push prices even higher. The cost will be pushed to the consumer, like every tax.
- DiogenesKynikos 7y agoThat's actually very difficult to do with a tax on the unimproved value of land. The LVT has very interesting properties. In theory, it should drive the cost of land down to zero, eliminate speculation in land, and encourage denser development.