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1. Walter+(OP)[view] [source] 2020-03-17 18:34:29
> Put a land value tax in place

We already have that. I pay huge property taxes every year and so does everyone else who owns land.

replies(1): >>lmm+qt1
2. lmm+qt1[view] [source] 2020-03-18 06:11:46
>>Walter+(OP)
Not the same thing. Property taxes based on the improved value of the land create a perverse incentive to avoid making improvements, and California prop 8 and similar laws encourage people to hold property as long as possible rather than sell to people who could make better use of it.
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