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by ChuckNorris89
1350 days ago
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Maybe the land value taxes are (intentionally) too low for the super rich who own lots of land? Maybe we need a differential land tax system that's very low taxes for small areas intended for personal living(shelter), and taxes that go up progressively the more land you own, especially if you use it to rent-seek. It should discourage land hoarding and feudalistic rent seeking. @benj111 That was just an example off the top of my head. Obviously more qualified people than me can come with a sensible model that accounts for farms and other land used by businesses who need it. My main idea was to discourage rent seeking not farms and other businesses who contribute to society. |
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