Submitted by ToffeeFever t3_10oqjg4 in Pennsylvania
Illustrious_Air_1438 t1_j6lz2jk wrote
Reply to comment by IamSauerKraut in Want growth in Erie? Cut taxes on homes and jobs, hike taxes on land instead by ToffeeFever
A land value tax would replace the existing property tax, and only tax the value of the land itself, not any buildings or other improvements.
IamSauerKraut t1_j6mz7tq wrote
>only tax the value of the land itself, not any buildings or other improvements.
In other words, the guy who can only to afford to live in a trailer now would be taxed at the same level as a guy who can afford to put a mansion upon his property?
Still seems like a dumb idea that needs much more thought.
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