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 bagels on Tuesday October 17, 2023 @04:21AM (#37911996)

Or the city just says taxes are $x per square foot of land. Desired tax revenue / total parcel area.

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Re:Detroit wants to be the first big American city to tax la... by mathgeek on Tuesday October 17, 2023 @04:43AM (#37912172)

I'm no economist, but it seems like such a flat tax would result in a lot of defaults on land the further you get from popular areas.

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Re:Detroit wants to be the first big American city to tax la... by mcny on Tuesday October 17, 2023 @05:49AM (#37912629)

Maybe that's a sign that the "city" is too big? Much of what we call Dallas is not in Dallas, they are a different city. It makes sense to have a flat rate for all of Frisco and that tax rate will be different from that of Waxahachie.

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