4 ms·
As has been pointed out leases are a thing and work just fine, but many of the objectives you're after could better be achieved through a land value tax. Most o
by simonh 4y ago
As has been pointed out leases are a thing and work just fine, but many of the objectives you're after could better be achieved through a land value tax. Most of the value of a piece of land is usually derived from it's location relative to other facilities and infrastructure that were not created by the land owner, so it seems reasonable to return a share of that 'excess' value to the public purse.