Re:A surprisingly simple way to foil car thieves
by teach on Monday July 17, 2023 @12:58PM
(#36760723)
Land Value Tax would fix this!
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Re:A surprisingly simple way to foil car thieves
by bagels on Monday July 17, 2023 @05:29PM
(#36764354)
We already have a land value tax. It's called "Property Tax"
Re:A surprisingly simple way to foil car thieves
by postmortembees on Tuesday July 18, 2023 @12:35PM
(#36775256)
Property tax is not land value tax. Property tax is a tax on both the improvements and the base value of the land.
Land value taxes are only taxes on the value of the land.
A land value tax would tax a giant residential building and the parking lot adjacent to it the same, which encourages maximizing the value of the lot rather than leaving it for parking.