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▲ throwitaway222 an hour ago

I guess here's an issue. I bought 13 acres - mostly because I hate hearing basketballs bouncing, other people's TVs, and "boom cars".

So if we're going to start taxing me at a million per year, can I start taxing those loud people a million a year so I can live in the city to pay for medical bills for my brain to go through the bouncing basketball.

Mind you, everyone else in my area has 10 - 15 acres and it's just a dead area. Just people that ran away from the city. There's absolutely no "value" in this land as no one wants to even be here and drive 40 minutes to get to a grocery store.

▲loeg an hour ago | parent | next [-]

LVT is assessed on land value. Your 13 rural acres aren't insanely valuable and would not be assessed a million dollars a year under a Georgian model.

▲throwitaway222 an hour ago | parent [-]

Ok, that makes sense to me then. I thought I was going to be taxed for unused land.

▲kccqzy an hour ago | parent [-]

The idea here is that unused land in a city should be highly taxed, but unused land in rural areas should not.

▲tomrod an hour ago | parent | prev | next [-]

Then your land would likely be priced at the nominal amount per acre x 13 since the demand for that area is low and diffuse. Not a horrible outcome, and, could encourage you to make the land "productive" to at least cover the tax. Tree farms are lovely.

▲ivm an hour ago | parent [-]

What about conservation? On my land, after clearing a bit around the house for fire safety and "pest" prevention, I kept most of the native rainforest. I planted a few syntropic lines of fruit trees, but they cannot cover the land tax I already pay. All my gardening and land management at large is a money sink (unless we consider touching grass an investment).

▲WorldMaker 34 minutes ago | parent [-]

LVT is about assessing improvements, conservation can be understood as an improvement and valued as such. For the same reasons that urban parks should have a different tax assessment than low value surface parking lots.

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▲techgnosis an hour ago | parent | prev [-]

Isn't the idea that it's a land value tax, and not just a land tax. The land in your example is not particularly valuable. Unless I have misunderstood the idea.