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>> Unlike income or consumption taxes, an LVT is non-distortionary. It doesn't discourage productive activities like work, saving, or investment >It's not grea
by TMWNN 3y ago
>> Unlike income or consumption taxes, an LVT is non-distortionary. It doesn't discourage productive activities like work, saving, or investment
>It's not great for anyone who chose to invest in land based on the current rules, and then the rules change.
Taxing land is intended to change current land investment behavior.