The UK does have land taxation, but it only happens at the point of sale - we have very high 'stamp duty' (sales tax on houses), but no yearly land tax. The net

The UK does have land taxation, but it only happens at the point of sale - we have very high 'stamp duty' (sales tax on houses), but no yearly land tax. The net difference in my opinion is that it reduces liquidity on houses and the burden falls more heavily on people who move around more.