/home/jeze3d@lemmy.zip to Memes@lemmy.mlEnglish · 8 months ago"Is this a job?"lemmy.zipimagemessage-square174fedilinkarrow-up11.22Karrow-down167
arrow-up11.15Karrow-down1image"Is this a job?"lemmy.zip/home/jeze3d@lemmy.zip to Memes@lemmy.mlEnglish · 8 months agomessage-square174fedilink
minus-squareJ Lou@mastodon.sociallinkfedilinkarrow-up2·edit-28 months agoLVT taxes the unimproved value of land, so we are talking about land itself not what is built on top of it such as housing. Since land is a product of nature, the supply of it is perfectly inelastic
minus-squareOurToothbrush@lemmy.mllinkfedilinkarrow-up1arrow-down2·edit-28 months agoPeople live in housing though, which is distinct from land, and the thing they’re claiming is static
LVT taxes the unimproved value of land, so we are talking about land itself not what is built on top of it such as housing. Since land is a product of nature, the supply of it is perfectly inelastic
People live in housing though, which is distinct from land, and the thing they’re claiming is static