> Instead of taxing land at a few percent, Georgism says we should be taxing it at 100%. Property tax percentages are from property value, while georgism is ta

> Instead of taxing land at a few percent, Georgism says we should be taxing it at 100%. Property tax percentages are from property value, while georgism is taxing 100% of imputed rent, not value. Relation between rent and price, as mentioned in the article, is described by capitalization rate, which is estimated to be 5-8%. So georgian LVT would be 5-8% of original land value.