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uglybushes t1_jd1joxu wrote

Reply to comment by ISoNoU in Let's pour one out for the developers of Pittsburgh by PublicCommenter

We do tax land

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[deleted] t1_jd2x5hf wrote

We half-ass tax land at a severely undervalued rate, but then also tax improvements as well as land transfers.

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ISoNoU t1_jd1k2c6 wrote

But we also tax improvements which discourages investment. Land tax would get rid of all income tax as well.

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uglybushes t1_jd1kae1 wrote

So people who don’t own land wouldn’t pay income tax?

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ISoNoU t1_jd1kub2 wrote

Yup, look it up. It's an interesting proposal. Even ghouls like Friedman like it.

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