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A comment on Amazon to hire 100k warehouse and delivery workers. Parent comment

Re:Amazon to hire 100k warehouse and delivery workers by lmm on Tuesday March 17, 2020 @12:37AM (#22601723)
Put a land value tax in place, and then the incentive to hold property for speculation goes away, in favour of selling it to people who can use it productively.
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Re:Amazon to hire 100k warehouse and delivery workers by WalterBright on Tuesday March 17, 2020 @02:34PM (#22608416)
> 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.

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Re:Amazon to hire 100k warehouse and delivery workers by lmm on Wednesday March 18, 2020 @02:11AM (#22614084)
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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