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There’s already significant land taxes. Why do you think even higher taxes will help? How do you propose finding a fair value?
by someguydave 7y ago
There’s already significant land taxes. Why do you think even higher taxes will help? How do you propose finding a fair value?
- dragonwriter 7y ago> There’s already significant land taxes Real property taxes as structured anywhere in the US are not LVTs, and in much of the US (California perhaps most notably) are not significant, either.
- someguydave 7y ago1% per year is not significant?? I hope you mean to lower other taxes too in this fantasy...
- Pfhreak 7y agoMost of my property tax is on the structures, not the land. That means that undeveloped and underdeveloped land gets less taxation than land that, say, has apartments on it. It's the opposite of the way it should be -- taxes should penalize parking lots and incentivize housing.
- dredmorbius 7y agoThis. https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax
- deleted 7y ago[deleted]