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France does this. End result is that french people go to great lengths to make their house look un-valuable. For example, they never paint anything and never
by londons_explore 3y ago
France does this.
End result is that french people go to great lengths to make their house look un-valuable.
For example, they never paint anything and never do repairs. Some even have holes in the roof so they can claim buildings are worthless when in fact there is some 2nd roof underneath keeping the inside dry.
- zone411 3y agoThat doesn't make sense. The building's value wouldn't affect the land tax.
- porb121 3y agoGo ahead and reread what a land value tax is
- BoiledCabbage 3y agoThis is a land value tax, not a building value tax. So essentially the exact opposite of what you say. It would solve the french problem. With an LVT they would be taxed identically regardless of if their building is in pristine shape or falling to shambles. Meaning there is now no longer any incentive to let the building rot.