> people will just abandon ownership of large parcels Good. That's the whole point. That abandonment of ownership gives other people the opportunity to make

> people will just abandon ownership of large parcels Good. That's the whole point. That abandonment of ownership gives other people the opportunity to make use of it for their own benefit. That is: the very act of land ownership externalizes opportunity costs on the rest of society, and this is what underpins wealth inequality. LVT forces landowners to internalize those costs.