[vasco]

> The point of an LVT is to incentivize the efficient use of land and to compensate the public for the recognition of exclusionary title to use of a location.

I'd say an additional point should be to try and not make it so that the path of least resistance for the system of taxes being for a few corporations to accumulate all the available real estate. From what you say you're fine with one company owning all the land as long as they pay the tax. What I'm proposing is similar except the tax gets more and more prohibitive the more you own, instead of being a flat rate.