Re:High property taxes are good
by yellowapple on Wednesday July 20, 2022 @01:43PM
(#32169469)
> property taxes are terrible for old people. you should be able to buy a reasonable amount of land tax free.
When LVT is used to fund UBI, that ability is automatic: the "break even" point (where your taxes minus dividends are zero) would represent you owning a "reasonable amount of land" (as measured by value). If you own more than that, you pay for it; if you own less than that, you're paid for it.
When LVT is used to fund UBI, that ability is automatic: the "break even" point (where your taxes minus dividends are zero) would represent you owning a "reasonable amount of land" (as measured by value). If you own more than that, you pay for it; if you own less than that, you're paid for it.