Re:Detroit wants to be the first big American city to tax la...
by brutusborn on Tuesday October 17, 2023 @02:25AM
(#37911309)
Assessment definitely isn't easy, but some fairly simple solutions exist.
For example, people could self-assess their land's value. To stop people low-balling the assessment, the Government could have an option to purchase the land at some % above the assessed price and then on-sell it. This way all valuations are linked to a market price rather than a bureaucratic process.
For example, people could self-assess their land's value. To stop people low-balling the assessment, the Government could have an option to purchase the land at some % above the assessed price and then on-sell it. This way all valuations are linked to a market price rather than a bureaucratic process.