4 ms·
Land value tax and ground lease are equivalents. Calling it a lease or tax or fee or whatever is just a political strategy to appeal to the right group. Naming
by snidane 5y ago
Land value tax and ground lease are equivalents. Calling it a lease or tax or fee or whatever is just a political strategy to appeal to the right group. Naming it a tax will surely infuriate right leaning propertarians and common populace.
Interesting idea about govt buying up all land and then reimposing LVT on then newly privatised land.
I am skeptical, because of
1. government corruption
2. higher chance of experiencing a land market reset through war
- kiba 5y agoGovernment corruption shouldn't be a reason to stop the government from doing anything, unless it is an issue that obviously going to stop effective implementation.