3 ms·

I've got three words: land value tax

• e3b0c 11y ago
  To mitigate the political frictions, LVT should probably be bundled with principal residence deduction(or exemption).
  • ende 11y ago
    Yeah, there's a lot of devil in the details as far as determining the actual formula as a function land value. I typically imagine there are ways to align an LVT along a progressive scale, such that the little old lady who owns nothing but her own small lot isn't burdened by the tax while generously backed speculators buying up all waterfront property in sight are.