Property taxes are bad because they punish labor and effort. Land tax (important to distinguish) doesn't inhibit labor and effort. On the contrary cities imple

Property taxes are bad because they punish labor and effort. Land tax (important to distinguish) doesn't inhibit labor and effort. On the contrary cities implementing land taxes see increase in output because land gets better allocated to who need it. Simply because people sitting on vacant and absent land in the middle od cities drop it and sell it somebody else. Land is not subjective but perfectly objective. It is a necessary input to all production - whether it is agricultural (obvious) or manufacturing (your factory has to be placed somewhere) or services (you need access to concentrated area for qualified workers in big cities). You can't even survive without standing on land. 100% of people need land to survive so how can it be subjective? It might be subjective to birds.