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Re:Land-value tax: Why Henry George had a point by twic on Saturday October 24, 2015 @07:03AM (#10443195)
You'd have to reduce the tax in areas like that. You can probably justify this by saying that land in an area where development is restricted isn't worth as much as land elsewhere.
Re:Land-value tax: Why Henry George had a point by eru on Sunday October 25, 2015 @07:33AM (#10446660)
If the tax is proportional to land value, and the development restrictions imposed make prices drop, than the reduction in tax is automatic.