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by automatic6131 948 days ago
I really like the idea of a Land Value Tax. However, the devil is in the details. How will it be calculated? Who will calculate it? How can they be held accountable?

It could so easily go badly though, and be worse than the existing system. The arguments in favor though, are very compelling.

1 comments

How is a land value tax any different from the status quo in this regards?

There are established means through which tax assessors appraise the value of properties. They are held accountable by means of appeals in the judicial system. Tax rates themselves are democratically determined by the electorate for whom they are applied.