I feel what's missing from this article is there needs to be a tax free threshold for landtax, much the same how income tax tends to be organised so the first $

I feel what's missing from this article is there needs to be a tax free threshold for landtax, much the same how income tax tends to be organised so the first $X earnings are untaxed. Ideally a typical person shouldn't have to pay land tax on their home, otherwise they are effectively renting their own property. Morally I feel government shouldn't tax a home and generally should aim tax to be as small as possible on life essentials. E.g Things like the home, food goods and medical treatment should have as little tax placed on them as possible. Land tax would be best done at a cumulative value. Add up everything you own and apply a progressive rate against that. So a normal personal would be below the threshold while someone owning 100+ properties is at a rate likely to encourage them to divest to other asset classes or as the article suggests, extract more value. There'd need to be some rules about trust/company ownership at top value to reduce people obvfuscating ownership. And separate rules for residential, rural and industrial/commercial zones. Something like land tax isn't good or bad until you know the detail.