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What? How else does local (rural) gov't generate revenue? It's land tax or nothing. In Japan, sales tax (VAT) is national.
by throwaway2037 3y ago
What? How else does local (rural) gov't generate revenue? It's land tax or nothing. In Japan, sales tax (VAT) is national.
- Ekaros 3y agoLand tax would be based on value of the land. If land has very low value then the tax would have to be extremely high to generate meaningful revenue. In worst case it could be more than value of the land.