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So you’d rather have an inefficient use of property that sits languishing just because some one owned it in the past? One of the benefits of taxing property is
by digitaltrees 5y ago
So you’d rather have an inefficient use of property that sits languishing just because some one owned it in the past? One of the benefits of taxing property is that it encourages productive use. Use it or lose it. The increasing velocity of property transfers helps increase economic activity.
- nickthemagicman 5y agoYes. I'm happy with inefficient use of our water supplies as well as our housing supply.
- digitaltrees 5y agoAnd are you happy with the concentration of wealth and power that results in fallow land being unused, Inherited and never conveyed to someone that would actually use it?
- nickthemagicman 5y agoIf it's someone's FIRST and ONLY house then no taxes. Take the concept of a homestead exemption and make that for everyone's first house so people have shelter once they pay off their house that's not constantly threatened to be taken from them at the whim of government property assessors. Investment land and whatever else can be taxed.