2 ms·
> A wealth tax on land (an LVT) is literally impossible to avoid however since you can't move the land. Yeah, those are called property taxes and already exist
by umeshunni 5y ago
> A wealth tax on land (an LVT) is literally impossible to avoid however since you can't move the land.
Yeah, those are called property taxes and already exist.
- soberpeach 5y agoProperty taxes tax buildings as well, a Land Value Tax is purely a tax on the land and doesn't change whether you have a building on it or not.