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Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by klipt on Tuesday March 20, 2018 @06:47PM (#16633508)
Letting rich landlords accumulate land without paying any taxes on it is how you get feudalism. I don't think most people want to live in a feudal society, do you?
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by fspeech on Tuesday March 20, 2018 @08:18PM (#16634096)
Maybe you didn't see that his premise is that no one in China can own land outright. But you are right concentration of land ownership is problematic for a crowded country like China and it was one of causes for the peasant revolution.
Re:Chinese Companies Are Buying Up Cash-Strapped U.S. Colleges by pascalxus on Wednesday March 21, 2018 @01:18PM (#16640299)
That's true, you definately want some property taxes in cities and urban areas. but, i don't see the harm of near 0 taxes in rural areas with little land demand.