Re:Detroit wants to be the first big American city to tax la...
by giantg2 on Tuesday October 17, 2023 @10:53AM
(#37916063)
Saying rent isn't quite right. These land value taxes are usually taxed on potential as zoned. Empty land isn't bringing in rent. The whole point of these land value tax schemes is to tax it based on its highest zoned value so you force (re)development of the highest use case.
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