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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by seoaeu on Monday May 03, 2021 @10:12PM (#27033357)
But those rules are specific to California? I'm confused why people seem to be suggesting that a land value tax is the only possible solution, when an alternative would be to just make taxes in that state work the same as elsewhere.
Re:Liberalizing Land Use Regulations: The Case of Houston (2... by zip1234 on Monday May 03, 2021 @10:15PM (#27033377)
California is not unique in capping property tax increases in that way. Other states do it. California has a uniquely bad law though since the capped prices can be passed on to family. I agree that LVT is not the only way to fix those issues but LVT has some other benefits as well (such as discouraging empty lots).