4 ms·
> this isn't about seizing property Eh, this is a fine line. If Henry had his way we'd have a 100% tax on land, which means unimproved land is now worthless si
by colinmhayes 5y ago
> this isn't about seizing property
Eh, this is a fine line. If Henry had his way we'd have a 100% tax on land, which means unimproved land is now worthless since you can't make any profit off it. A true LVT tax is effectively the same as a seizure of your unimproved land, as its entire value has been collapsed.