> society should incentivize denser development of more desirable land, by disincentivizing maintaining sparse development of it. That is exactly what a land v

> society should incentivize denser development of more desirable land, by disincentivizing maintaining sparse development of it. That is exactly what a land value tax does, in a negative way. It disincentivizes buying land in a desirable neighborhood and then doing nothing with it, waiting for prices to rise. With capital value taxation (the other alternative), a person doing that pays less tax than someone providing buildings for people to live in or businesses to operate in. So they can do it for longer. Because any buildings on the land are not taxed, construction is not disincentivized. Well, it wouldn't be, if permitting were not insane...