Detroit wants to be the first big American city to tax land value

Re:Detroit wants to be the first big American city to tax la... by nickik on Monday October 16, 2023 @09:32PM (#37909226)

Much of the lands values comes from public infrastructure and services provided. A piece of land somewhere in the desert is gone be worth very little.

A house in a city has lots of resources deployed there and land value tax pays for those things.

This tax makes better for people who invest locally and hurts people who don't.

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Re:Detroit wants to be the first big American city to tax la... by AmericanChopper on Monday October 16, 2023 @09:56PM (#37909466)

I’m not saying it’s necessarily a bad way to run a city specifically, I’m just pointing out the different compromises that are made in regards to property rights with these different forms of taxation.

I would really only object to property taxes (as a concept) in situations where intensified high density infrastructure doesn’t exist (or isn’t required to exist).

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