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A comment on Detroit wants to be the first big American city to tax land value. Parent comment

Re:Detroit wants to be the first big American city to tax la... by ethanbond on Tuesday October 17, 2023 @10:20AM (#37915512)
Is a city full of pet stores valuable?

I don't see why this would encourage economic homogenization.

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Re:Detroit wants to be the first big American city to tax la... by bombcar on Tuesday October 17, 2023 @12:06PM (#37917223)
Go look at the most valuable real-estate in the USA that is still commercial, it's almost always banks and Starbucks.
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Re:Detroit wants to be the first big American city to tax la... by msla on Tuesday October 17, 2023 @05:54PM (#37922134)
It would because anyone who isn't in the best-paying part of the economy would be taxed higher than their actual income could support, leading them to either switch businesses or go broke.
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