Re:Land-value tax: Why Henry George had a point
by eru on Monday October 26, 2015 @06:26AM
(#10450459)
Why go by size and not by value? Someone having a huge estate in the middle of nowhere is not a problem, vs occupying the same amount of space (or even a much smaller, but still large one) in the city centre is.
Re:Land-value tax: Why Henry George had a point
by ZenoArrow on Saturday October 31, 2015 @09:04AM
(#10482526)
Value is open to fluctuations, size is not.
A large estate in the middle of nowhere is still potentially wasteful. For example, could that land not be used for farming or wildlife? How many bathrooms does one person need?
Furthermore, as has been pointed out already, we could make it so that only properties that sit within a predetermined land mass size would be exempt from tax.