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That'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
by DiogenesKynikos 7y ago
That'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.