Re:Detroit wants to be the first big American city to tax la...
by eru on Monday October 16, 2023 @10:47PM
(#37909912)
Yes, a property tax system disincentivises developing compared to not having a property tax.
The LVT has no influence on building.
If you draw a two-by-two matrix where the columns are property tax yes/no and the rows are LVT yes/no, you will find that the rows have no influence at all, and it's all about which column you are in.
The LVT has no influence on building.
If you draw a two-by-two matrix where the columns are property tax yes/no and the rows are LVT yes/no, you will find that the rows have no influence at all, and it's all about which column you are in.