Andrew Leahey on Nostr: In my column this week I talked a bit about the potential for land value taxes, as ...

In my column this week I talked a bit about the potential for land value taxes, as against property taxes, to distribute the tax burden more equitably.

Property tax regimes encourage real estate speculation. “Loss in property value through disrepair and disuse is effectively subsidized by the community through the decrease in property taxes owed.”

https://news.bloombergtax.com/tax-insights-and-commentary/land-value-taxes-can-resolve-property-tax-systems-inequities