"Nearly 20 Pennsylvania cities employ a two-rate or split-rate property tax: taxing the value of land at a higher rate and the value of the buildings and improvements at a lower one. This can be seen as a compromise between pure LVT and an ordinary property tax falling on real estate (land value plus improvement value)."

https://en.wikipedia.org/wiki/Land_value_tax_in_the_United_States

#Landvalue #Housing

Terry Pratchett, land economist

The city says: In exchange for that gold, you will have all these things. The city is the magician, the alchemist in reverse. It turns worthless gold into…everything.

How much is Ankh-Morpork worth? Add it all up! The buildings, the streets, the people, the skills, the art in the galleries, the guilds, the laws, the libraries…billions? No. No money would be enough. ...

https://www.paulbeard.org/wordpress/2021/10/13/terry-pratchett-land-economist/

#TerryPrachett #Value #LandValue #Cities #LandValueTax #PaulBeard

Is it possible to radically simplify #tax and #socialSecurity by removing all #profitLoss garbage, so manipulated by the #powerElite, to instead focus all taxes on #landTax (based on #rentalValue/#salePrice) and #GST (on #manufactured/#nonEssential items, see #Australia)?

A #btcFuture will be different. It could be more #equitable…

…but only if we demand it.

LandTax could start at 15% of the rental value and increase based on the amount of #landValue owned by the person, to 50%.

Thoughts?