Re:Redfin Economist says land value tax will fix the economy
by UncleOxidant on Monday June 20, 2022 @03:22PM
(#31814515)
I'm assuming you mean a reduction in income taxes to offset the increase in property tax. This would still negatively effect retirees and others who don't make a lot of income and thus wouldn't have much income tax to offset.
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Re:Redfin Economist says land value tax will fix the economy
by yellowapple on Monday June 20, 2022 @06:32PM
(#31817041)
That's where UBI (or "citizens' dividend", in Georgist parlance) comes in. Unless Grandma's living in a SFH in SoMa, she's probably gonna end up getting more in dividends and other public services than she'd pay in LVT.