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Does this plan make sense? v4 (lemmy.world)

submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]

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For more discussion and your own suggestions you can post in https://lemmy.world/c/policy

Text post rather than image of text https://lemmy.world/post/13834866

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[–] [email protected] 0 points 6 months ago

It is a beautiful philosophy, but the issue with a land tax is that it is regressive, meaning the poor pay a larger portion of their income than the rich. If you look at detached suburban homes, from 100m² single floor starter homes to 1000m² mansions, the size of the lot is about the same. If you look at high density urban housing, a skyscraper full of luxury condos uses less land per occupant than cheap multi-family homes.

It seems to make the most sense in Soviet style ultra high density housing where the poor live 4 to a shoe box while the rich have luxury country estates.