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That seems way more sensible than what we have the US and is more akin to the “land tax” system that’s talked about a lot here. The property tax scheme we use i
by hnuser847 5y ago
That seems way more sensible than what we have the US and is more akin to the “land tax” system that’s talked about a lot here. The property tax scheme we use in the US only “works” as long as the city is growing. The moment the population stagnates or starts declining, the city rapidly becomes unsustainable and must rely on funds from the state or federal government to pay for basic maintenance and services.
- ajmurmann 5y agoIMO, land tax usually refers to a Georgist land value tax. That certainly would increase taxes for underdeveloped, large plots. I do wonder though if it's fair to expect people who live in high-density areas to pay for the lifestyle of people who want to get away from society. I wish we could have a true land tax that's fairly high and identical regardless where the land is. Sprawl has a lot of negative externalities; financial for city and states as well as environmental.