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>IMO the biggest issue with property taxes, land taxes, or any other similar idea, is that they arbitrarily tax one kind of wealth over others. In theory. IMO
by parineum 5y ago
>IMO the biggest issue with property taxes, land taxes, or any other similar idea, is that they arbitrarily tax one kind of wealth over others.
In theory. IMO the practical biggest issue with property tax is that it is usually spent locally, keeping rich neighborhoods well funded and poor neighborhoods poor.
- FeepingCreature 5y agoThat sounds like you want a tax on communities, not a tax on land. Inasmuch as this is due to a location/group-based "neighbourhood value-add", it seems better to tax the neighbourhood as an organization than to tax the ground they happen to be on.
- parineum 5y agoNot at all. I'd just prefer more redistribution.