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Word games aside, I'd pay for land if I'd make money by doing so. Suppose that I own a building. I may, or may not, pay for the land it sits on. In the "land
by anamax 4y ago
Word games aside, I'd pay for land if I'd make money by doing so.
Suppose that I own a building. I may, or may not, pay for the land it sits on.
In the "land value is taxed 100%" regime, it doesn't make sense for land owners to charge rent because govt takes the "land rent".
%100% of 0 is 0.
I'm pretty sure that they'll figure out some way to get compensated. If they can't, no one will bother to own land.