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by Turing_Machine
946 days ago
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If I'm not mistaken, the Georgist model taxes the unimproved land value. Your hypothetical tree farm would be taxed at the same rate as a neighboring parcel that didn't have a tree farm on it. But you don't have to wait 40 years to realize a return on your investment if you don't want to... the sale price of the land would be going up every year, because the trees would be growing (a tree farm with 20 year old trees on it would be worth a lot more than a tree farm with 1 year old trees on it, yes?). I myself am not fully persuaded by Georgism, but as far as I can see, there's no disincentive to things like tree farms under a Georgist model. |
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