3 ms·
Much of the lands values comes from public infrastructure and services provided. A piece of land somewhere in the desert is gone be worth very little. A house
by nickik 3y ago
Much of the lands values comes from public infrastructure and services provided. A piece of land somewhere in the desert is gone be worth very little.
A house in a city has lots of resources deployed there and land value tax pays for those things.
This tax makes better for people who invest locally and hurts people who don't.
- AmericanChopper 3y agoI’m not saying it’s necessarily a bad way to run a city specifically, I’m just pointing out the different compromises that are made in regards to property rights with these different forms of taxation. I would really only object to property taxes (as a concept) in situations where intensified high density infrastructure doesn’t exist (or isn’t required to exist).