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A comment on Redfin Economist says land value tax will fix the economy. Parent comment
The same things were said with market value assessment was in introduced in Ontario, Canada:
* https://en.wikipedia.org/wiki/Municipal_Property_Assessment_...
Municipalities were forced to used the market value, but could determine rates themselves. Not much happened IIRC.
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The same things were said with market value assessment was in introduced in Ontario, Canada:
* https://en.wikipedia.org/wiki/Municipal_Property_Assessment_...
Municipalities were forced to used the market value, but could determine rates themselves. Not much happened IIRC.