Bix dot Blog

I’d never heard of the “land value tax”, in which the land itself is taxed at a high rate while buildings are taxed at a much lower rate or not at all, until this J. Brian Charles piece for Governing, and why the hell aren’t we all doing this? Tax lands that are lying fallow and unproductive, while lessening the burden on properties that are producing societal value in other ways, e.g. by attracting business, or providing housing and neighborhood amenities.