Does Georgism work? Is land a big deal?

Re:Does Georgism work? Is land a big deal? by pydry on Thursday December 09, 2021 @05:52AM (#29496003)

This question is out of the scope of land value taxation. The overall tax burden would fall on the institution running the condo (HOA/company/whatever). How they decide whom to charge and how much, etc. would be a separate question government by different rules and laws.

Which is not to say that the outcome would be fair, but whether it is or not would depend upon how these organizations are regulated and run.

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Re:Does Georgism work? Is land a big deal? by mrep on Thursday December 09, 2021 @05:22PM (#29503794)

I don't think it is out of scope though because wether the government or your HOA/whatever is deciding how to appropriate the LVT is at the whims of someone else. I'm mostly for LVT but it gets supper messy with multiple ownership properties on land.

Also, LVT don't fix zoning as the value of your land is based on what you can make from it. If your land is zoned for only single floor parking, nobody is going to buy it for more than they can earn through single floor parking so the land won't be that valuable thus it won't have a high land value tax.

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