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by ls-lah_33 731 days ago
> I don't see why we shouldn't be optimistic here because historically speaking things have gotten much much better! To me, a gradual and consistent ramping up lvt would be probably the most progressive policy a country could pass at this point :D

This is probably more feasible than you think. A hybrid or split rate combining both land and property taxes is not only possible but apparently exists in practice in some cities, for example Pittsburgh.

https://www.chicagofed.org/-/media/publications/chicago-fed-...