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Land value tax can't be passed on to tenants. Whether or not a tax can be passed on depends on the elasticity of supply. The supply of land is fixed, so land va
by importantbrian 3y ago
Land value tax can't be passed on to tenants. Whether or not a tax can be passed on depends on the elasticity of supply. The supply of land is fixed, so land value taxes reduce the price of land, and generally also reduce the price of rent as a result.