this post was submitted on 08 Jul 2023
2390 points (98.6% liked)
Memes
45730 readers
1758 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Many leading economist argue for land value tax only as a way to incentivize the most efficient use for our most valuable resource. If land tax was used instead of property tax, a multi-acre plot in a dense urban would be taxed just as much a multi-story apartment building that takes up the same amount of space.
See the Strongtowns article on the subject. https://www.strongtowns.org/journal/2019/3/8/if-the-land-tax-is-such-a-good-idea-why-isnt-it-being-implemented