|
|
|
|
|
|
by dragonwriter
185 days ago
|
|
|
> It would make sense to have those Pigouvian taxes no matter what. But having an LVT is orthogonal It is absolutely not orthogonal; LVT by design makes doing things with property that are less financially remunerative unviable, it’s key selling point is eliminating “less productive” uses by that mechanism. This exacerbates any divergence between market incentives and social utility. |
|
|