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160 views 2 upvotes Made by The_Right-Minded_Knight 2 years ago in IP-AfterDark
7 Comments
[deleted]
1 up, 2y,
1 reply
done already.
0 ups, 2y,
1 reply
?
[deleted]
1 up, 2y,
1 reply
property taxes? passive income from rent? Tax on profit from sale of real estate?
0 ups, 2y,
1 reply
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Property taxes are 2 taxes, a tax on land and a tax on buildings, the latter being taxed the most out of the 2. A land value tax would be a tax on the unimproved value of the land.
The value of the land is created by the community and the infrastructure around it, not by one person's labor.
[deleted]
1 up, 2y,
2 replies
Land value is created by it's location. Such as beach front and buildability. It's. . . complicated.
1 up, 2y
yes
1 up, 2y
So is a property tax.
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