this post was submitted on 19 Oct 2024
38 points (91.3% liked)

Ask Lemmy

26858 readers
1788 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics. If you need to do this, try [email protected]


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 18 points 3 weeks ago (2 children)

What do you mean? Where did it not catch on? In Belgium (Flanders) you pay taxes on unused property, whether it is a building or a vacant plot.

[–] [email protected] 6 points 3 weeks ago

Stupid ~~Sexy~~ Taxy Flanders

[–] [email protected] 12 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

It's a very specific system where government revenue comes from a tax on the value of land (and not even on improvements on that land, so a mansion on land wouldn't be taxed, for example).

Most countries have some form of property tax. IIRC the UK is the only G7 country that doesn't, has a mostly-flat-rate council tax, though they do have a transfer tax on sale of real estate. But property tax isn't a land value tax, and having one doesn't make a country Georgist.

I'm fairly confident that there are no countries that have gone for deriving their revenue from a land value tax.

[–] [email protected] 5 points 3 weeks ago

The tax that I'm talking about is calculated on the value that has been attributed by the cadastre. You pay it when you own the property without having a building or any other land use on site.

Then, when there is a building on the plot that isn't being used as intended you get taxed on that. The rate is increased by 100% every year with a maximum of 4 increases resulting in a maximal tax of 500% of the base tax.

This is besides from the standard property tax that makes up an average of 50% of municipalities incomes. There are municipalities in Belgium they get up to 90% of their working funds out of those taxes.