this post was submitted on 09 Jul 2024
617 points (98.0% liked)
Stolen from Facebook
269 readers
298 users here now
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Fuck landlords. There should be a 100% tax on the value of land
What does land mean in this context does it mean property? How am I supposed to be 100% tax on property that does not generate money because it's a house? Is the property value drops then I'm losing money under this scheme.
No the idea is that it is very distinct from property. It is just the value of the land. Any "improvement", be it a house, a factory, or an apartment building is untaxed.