4 ms·
Taxing improvements is a proxy for progressive taxation. ie. rich should pay more. LVT is effectively a flat tax on acreage normalized by community wealth. To t
by trgn 4y ago
Taxing improvements is a proxy for progressive taxation. ie. rich should pay more. LVT is effectively a flat tax on acreage normalized by community wealth. To the broad middle class, taxing improvements "feels" more fair.
- wizofaus 4y agoThen why not do it properly? Only levy extra taxes if the value of any building constructed on the property exceeds a certain threshold...