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by krschultz
4094 days ago
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You're basically arguing against property taxes or capital gain taxes entirely. Our existing property taxes are measured against the improved (built-up) value of the land. An alternative would be property taxes against the unimproved value of the land. The latter are often called "land taxes". I personally think land taxes are better than as-built property taxes because they encourage investment. If you assume that lower taxes are an incentive, we currently are giving land owners an incentive not to invest in their property. Society as large actually wants land owners to invest in their properties. If you want to argue that land owners shouldn't be taxed at all, fine, but they are currently being taxed. |
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You are correct, of course, that land owners are taxed.
I don't expect to live to see the day when most people realize that initiating force against others is counterproductive. But I do think it's helpful to look into the essentials of things.
Thank you for a good discussion. It has helped me to clarify my own thinking.