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Sure if we change the way that property tax is assessed then it’ll no longer be true that renters are indirectly paying property tax. But that’s not relevant to
by UncleMeat 4y ago
Sure if we change the way that property tax is assessed then it’ll no longer be true that renters are indirectly paying property tax. But that’s not relevant to the thread topic.
- yellowapple 4y agoIt's very relevant to the thread topic. If the goal is to minimize the regressiveness of our tax system, then a land value tax is very hard to beat. The only one better from a wealth redistribution standpoint is maybe a wealth tax, but unlike other forms of wealth you can't exactly move land to an offshore account.