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▲ loeg an hour ago

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.