Honestly, property tax should be based on the land itself, not the improvements made on it.
"We propose--leaving land in the private possession of individuals, with full liberty on their part to give, sell or bequeath it--simply to levy on it for public uses a tax that shall equal the annual value of the land itself, irrespective of the use made of it or the improvements on it....We would accompany this tax on land values with the repeal of all taxes now levied on the products and processes of industry--which taxes, since they take from the earnings of labor, we hold to be infringements of the right of property." -Henry George
Jabrosif0714 on April 20th, 2019 at 19:42 UTC »
If you have to pay a property tax or face eviction then you don’t really own the property. The state owns it and you’re paying rent.
Pzkp on April 20th, 2019 at 20:58 UTC »
Errr... why is this labeled 'Meme"? Mods?
8cto on April 20th, 2019 at 21:22 UTC »
Honestly, property tax should be based on the land itself, not the improvements made on it.
"We propose--leaving land in the private possession of individuals, with full liberty on their part to give, sell or bequeath it--simply to levy on it for public uses a tax that shall equal the annual value of the land itself, irrespective of the use made of it or the improvements on it....We would accompany this tax on land values with the repeal of all taxes now levied on the products and processes of industry--which taxes, since they take from the earnings of labor, we hold to be infringements of the right of property." -Henry George