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
You're right, technically a land value tax should be not on the total value of the land but rather on the unimproved value, so even improvements made to the land itself would still be exempt from taxation.