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The only cases I see LVT being seriously considered is alongside further tax and welfare reform, so that regular people have their burden decreased by the incre
by ok_dad 3y ago
The only cases I see LVT being seriously considered is alongside further tax and welfare reform, so that regular people have their burden decreased by the increased taxes from those cases where land is not being used efficiently today. So you’d have a basic income, public health insurance, zoning reform, and laws protecting private residential uses of land. You can’t just fix one issue alone here, it comes with a host of economic and financial reforms.
Also, it does have possible downsides compared to today, like your single family home might not be there in a hundred or fifty years when the area needs more density. That’s okay to me, I think humans need to understand land use changes over time and you’re not always going to have a big family home last hundred of years under more reasonable land use laws.