Economists generally agree that land taxes are some of the most "efficient" and societally beneficial, because they encourage full utilization of the land. By

Economists generally agree that land taxes are some of the most "efficient" and societally beneficial, because they encourage full utilization of the land. By having a land tax, you push people towards societally more productive outcomes. E.g. a SFH in city center would have a very high tax rate, encouraging redevelopment to multifamily. Income taxes do the opposite somewhat, by discouraging more labor.