Re:Groups funded by the Koch brothers are campaigning agains...
by isostatic on Monday December 18, 2017 @04:20PM
(#15955633)
Indeed, a land value tax would be very equitable. If society needs to build a power plant near you, which lowers the value of your land, then at least you don't have to pay as much in tax. If they build a new transport hub nearby, which triples the value, then you have to pay more.
They could probably also do it by whacking the extremely wealthy landowners surrounding major train stations with an extra tax.
After all, if the train station made your land valuable, you should be paying for that. In Japan this helps pay for infrastructure. It's practically criminal that in the UK it does not.