A better critique of land value tax is like the one GMU economics professor Bryan Caplan explained to me a couple of months ago: He used the example of the new

A better critique of land value tax is like the one GMU economics professor Bryan Caplan explained to me a couple of months ago: He used the example of the newly developed Dreamworld out in Dripping Springs outside of Austin. Its construction led to a rise in property value because it made Dripping Springs a more appealing place to visit and live. So in theory an LVT could disincentive development of underutilized land because improvements would be “punished” with more taxation. The dynamic plays out differently in area with a higher population density. Tangential, I would like more legislation written around population density. It means the same general policies can be put in place but in a way that smoothly scales… LVT is one example. Gun control is another… firing a weapon out your front door in a densely populated neighborhood is much different than firing a weapon out your front door at the end of a long dirt road.