Re:Georgism
by tsimionescu on Sunday May 17, 2020 @10:00AM
(#23212032)
Then we're back to square 1: how do you determine the unimproved land value of improved land, so you can tax it?
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It should be fairly simple to take the original price of installing the components of the house and calculate depreciation.
Non-improved value = market value - depreciated home value
Obviously you'd have to keep tracking the improvements over time.