How is that LVT "rent" different from any other traditional property tax being "rent"?
As near as I can tell, it is just a different way of deciding how the property tax burden is levied.
Downtown property gets taxed much more. Un-developed speculation property that doesn't contribute to the community (and derives value from other people's contributions) get taxed at the same rate as nearby developed property.
As near as I can tell, it is just a different way of deciding how the property tax burden is levied.
Downtown property gets taxed much more. Un-developed speculation property that doesn't contribute to the community (and derives value from other people's contributions) get taxed at the same rate as nearby developed property.