Liberal Forum
Archive
‹
No Holds Barred Political Forum
‹
We need a National Land Value Tax & a recalculated Income Tax... @SRuhle
1 Dec 2022 6:52 am
absolutely not. Your mentality cannot define a specific universe, so how the hell can it define a single universal tax abatement on buildings that deteriorate from weather, and people abuse.TB7 » 01 Dec 2022, 7:23 am » wrote: ↑ HOW ABOUT A UNIVERSAL TAX ABATEMENT ON BUILDINGS?
A “universal property tax abatement” would reduce the tax rate applied to all privately created building values. This should be well-received by almost everybody. This would benefit existing homeowners and businesses as well as newcomers. The message fits with widespread anti-tax sentiment.
Under the traditional property tax, the responsible owner of a well-maintained home pays more tax than the owner of an adjacent vacant lot or boarded-up building. Yet, the cost of maintaining streets, sidewalks and utility pipes adjacent to these properties is the same. The snowplow doesn't lift its blade as it passes the vacant lot. All these properties are receiving the same infrastructure benefits. Why punish the responsible homeowners while rewarding speculators?