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No? The rich gets rewarded for being the most productive, while also paying the highest costs for the most valuable lands.
by kiba 5y ago
No? The rich gets rewarded for being the most productive, while also paying the highest costs for the most valuable lands.
- DevKoala 5y agoA lot of poor families in the Bay Area have their house as their only asset. Take a drive through the Mission district for example and see how a lot of these people live; you’ll see a luxury house next to a house that was last maintained in the 80’s. Many of these families do want to sell their places at market price. However, with a land tax they would be forced to sell under market if they cannot afford the tax.