Re:Does Georgism Work? Five Years Later
by margalabargala on Tuesday September 29, 2026 @10:01AM
(#49893447)
I think you misunderstand. Having separate land and property taxes allows the city a lever to discourage vacant lots.
Re:Does Georgism Work? Five Years Later
by intrasight on Tuesday September 29, 2026 @12:10PM
(#49895751)
Vacant land has just one tax - which they can raise.
Re:Does Georgism Work? Five Years Later
by margalabargala on Tuesday September 29, 2026 @01:52PM
(#49897492)
Right exactly. And by raising land tax and lowering (ha) or keeping constant property tax they discourage vacant lots without punishing homeowners even more, which is what happens everywhere else.
Georgeism is just silly from economics standpoint