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.
[ Parent
| on HN ]
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.