I think its a bit different. In other scenarios like income, capital gains or even sales tax, its tied to the taxee gaining something. Its the price of doing business and an evaluation can be made by the taxee. Incentives are pitted against each other and chalked up to the price of doing business.

An LVT feels like pure downside to the taxee. There are no beneficial _direct_ effects. Its psychologically very different, especially for residential land.