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The article compares this to Georgism, but the comparison seems misplaced. The point of a land value tax is not to make housing more affordable, but to ensure
by ikeboy 7y ago
The article compares this to Georgism, but the comparison seems misplaced.
The point of a land value tax is not to make housing more affordable, but to ensure land goes towards the most productive use. If LVT was implemented along with zoning reform, housing would indeed become far more affordable because lots of more housing would be built. But a government subsidy for lower income families to pay below market land rent is a very different policy and has none of the benefits of LVT.
- outlace 7y agoIs there any example of a LVT anywhere in the US or even outside the US?
- Apocryphon 7y agohttps://en.wikipedia.org/wiki/Land_value_tax#Implementation https://en.wikipedia.org/wiki/Land_value_tax#Implementation
- wil421 7y agoInteresting read about Fairhope, Alabama and Mobile Bay jubilees. [1] https://en.m.wikipedia.org/wiki/Mobile_Bay_jubilee https://en.m.wikipedia.org/wiki/Mobile_Bay_jubilee
- iana_mania_c 7y agohttps://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1006&context=soe_research https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1... [pdf] Economic development and the distribution of land rents in Singapore: A Georgist implementation
- rcpt 7y agohttps://www.strongtowns.org/journal/2019/3/6/non-glamorous-gains-the-pennsylvania-land-tax-experiment https://www.strongtowns.org/journal/2019/3/6/non-glamorous-g...