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a land value tax wouldn't crash bill gates' ag land investments because ag land has relatively low value, so will also have relatively low tax. whether it would
by clairity 4y ago
a land value tax wouldn't crash bill gates' ag land investments because ag land has relatively low value, so will also have relatively low tax. whether it would makes those investments net negative or positive is dependent on the specifics of the investments.
i'd disfavor a national LVT however, as i disfavor more power being concentrated in fewer hands. it should be a state level concern at most.