>Ideally the Land value tax would be the only tax. The problem is that land value has become completely disassociated with value. You could get rid of all inco

>Ideally the Land value tax would be the only tax. The problem is that land value has become completely disassociated with value. You could get rid of all income taxes, and by adding a land value tax, effectively half the homeowners in CA wouldn't be able to afford the taxes on their own property. Is that bad policy in CA? Sure, it definitely is, but it is the policy, and it would unleash a major short-term crisis.