Re:Detroit wants to be the first big American city to tax la...
by sagarm on Tuesday October 17, 2023 @05:45PM
(#37922035)
Actually this entire construction is wrong: currently people who improve their land get penalized by higher taxes. If there are only land value and not property taxes, we are in fact increasing your freedom to make changes to your land without penalty.
Being told you can't live in your house anymore because it is now zoned commercial gets people riled up, and being told the same because it's now too expensive does the same.
It's a hot-button issue but you can defuse it by putting safeguards in, though they're not always successful - see eminent domain scandals.