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by InitialLastName 946 days ago
I would guess that the nuance to that question would be the interpretation of "unfairly", no?

If you are sitting on land that is more valuable than the use you put it to, maybe you should have an incentive to put it to more valuable use?

2 comments

What is a more valuable use than feeding people? Farmers are already incentivized to abuse their land with monocropping and industrialization in order to stay afloat even with the subsidies they already have. A land value tax would make things even worse and would probably result in outsourcing all food production to other countries.
Out in Nebraska, there's very little demand for land for building houses, and the land is not bad for growing corn, soy, wheat and cattle.

Land right next to Lincoln is likely to be valued like other residential and industrial spaces; land out in McPherson County is likely to continue to be valued like other farmland.

The market calue of the more valuable use is an incentive, whether or not there is additional incentive.