4 ms·
The best answer I've seen is gradually increasing land value tax (yes, Georgist style). Would slowly deflate the market - but much more at the top end than the
by twelvechairs 1y ago
The best answer I've seen is gradually increasing land value tax (yes, Georgist style). Would slowly deflate the market - but much more at the top end than the low end. Would also encourage efficient use of land. And be a new source of revenue that can replace other taxes.