emmateapot

I always link people unfamiliar with Land Value Tax to this book review of Progress and Poverty, the book which put the concept of a Land Value Tax on the map.

https://astralcodexten.substack.com/p/your-book-review-progr...

It's thorough, informative, and surprisingly funny for a book review.

Simply put, Land value tax is a tax on the unimproved value of land. It also can be thought of as _location_ value tax. Property tax typically includes both land value tax and the value of the improvements to the land - buildings, etc.

While they may sound similar, land value tax and property tax lead to vastly different outcomes.

Check out this Strong Towns video for an explanation about both taxes and how they differ: https://www.youtube.com/watch?v=ok2uR3btMrE