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by romwell 1682 days ago
Land Value Tax is better than the current clusterfuck, but doesn't address the problem of existing residents being priced out.

Property tax / land value tax on primary residence is just rent collected by the government for living somewhere.

That rent shouldn't be higher in lucrative locations. Grocery store employees should be able to live where they work; we should not be pushing them away with higher taxes on top of the pressure the market puts on them.

Perhaps food and shelter shouldn't be taxed altogether. The government shouldn't be collecting a rent on people existing.

That would also make redlining of residential neighborhoods harder, as if will force decoupling of local infrastructure funding from property values.