Fried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 1 year ago[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.comexternal-linkmessage-square3fedilinkarrow-up16arrow-down10cross-posted to: [email protected]
arrow-up16arrow-down1external-link[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.comFried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 1 year agomessage-square3fedilinkcross-posted to: [email protected]
minus-squarePxtl@lemmy.calinkfedilinkEnglisharrow-up3·1 year agoThat’s not what land value taxes are. LVT are a tax on the value of the land, not the property. The idea is you tax vacant lots and parking lots the same as you tax the properties with real buildings on them, as a way to punish speculators. https://en.m.wikipedia.org/wiki/Land_value_tax
That’s not what land value taxes are. LVT are a tax on the value of the land, not the property. The idea is you tax vacant lots and parking lots the same as you tax the properties with real buildings on them, as a way to punish speculators.
https://en.m.wikipedia.org/wiki/Land_value_tax