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Land value tax does not solve this issue. The vast, vast majority of property value in the impacted areas of California is land value, nothing would change.
by kuang_eleven 7y ago
Land value tax does not solve this issue. The vast, vast majority of property value in the impacted areas of California is land value, nothing would change.
- deleted 7y ago[deleted]
- markdown 7y agoAre you sure you understand land value taxes? If land is taxed based on value, many homeowners would be forced to sell or replace their houses with apartment blocks that can earn enough revenue to pay the land value taxes.