2 ms·
There are actually very simple tax schemes that go quite bit further. A high Land Value Tax + low tax on improvements (eg buildings) means the portion of rent
by ethanbond 6y ago
There are actually very simple tax schemes that go quite bit further. A high Land Value Tax + low tax on improvements (eg buildings) means the portion of rent due to the landlord’s actions/investments generally get kept by that landlord, but the portion of rent not due to his/her actions (eg good schools/restaurants/transit/employers nearby) get recouped as tax.
You should look into LVT, you’re right that would be huge for people.