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The point is that we should only be taxing the value of the land, not the value of buildings/improvements built on it. ‘Property tax’ implies you’re taxing both, ‘land tax’ implies only taxing the land itself
The point is that we should only be taxing the value of the land, not the value of buildings/improvements built on it. ‘Property tax’ implies you’re taxing both, ‘land tax’ implies only taxing the land itself