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> It's the market value that derives from the benefits the land itself provides (crops it can grow, proximity to a desirable job, etc) Do they really lump prof
by nverno 5y ago
> It's the market value that derives from the benefits the land itself provides (crops it can grow, proximity to a desirable job, etc)
Do they really lump profitability from agriculture in with location, rent profit, etc.? It seems unfair to tax farming, a labor intensive job, equivalently to passive income propositions.
- larsiusprime 5y agoThe land value on farm land is really low compared to urban land. The status quo right now is that we tax farming -- a labor intensive job as you say -- with income (labor) taxes and sales taxes. Shifting even partially to a land value tax would be a major savings for farmers.