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I don’t see how that is a version of what llamaimperative posts. If anything, TIF increases rewards for landowners who do nothing or otherwise underutilize lan
by lotsofpulp 2y ago
I don’t see how that is a version of what llamaimperative posts.
If anything, TIF increases rewards for landowners who do nothing or otherwise underutilize land. Taxing the product of work to make a piece of land beneficial for society is amazingly backwards.
The proper direction to go in is marginal land value tax rates, with increasing penalties the longer a spaces remains unused.