3 ms·
As much as I think LVT makes sense, having to go to some sort of annual auction for my own land does seem worse than just paying taxes. Along with that being a
by MiddleEndian 4y ago
As much as I think LVT makes sense, having to go to some sort of annual auction for my own land does seem worse than just paying taxes. Along with that being a tedious process, that could put you at the mercy of malicious actors who may just dislike you and have enough cash to outbid you.
Any implementation would have to not include this for people to be able to have stable lives.
- imtringued 4y agoA yearly auction is overkill. Do it every 5-10 years with a fee the longer you delay the next auction. (Like banks charge more interest the longer a fixed rate loan is)
- MiddleEndian 4y agoEh still sounds pretty terrible really. The assessment people should be able to figure it out however they normally figure out taxes.