Nobody is even discussing the main problem with the LVT Tax, which is the raising of revenue.
I am asserting that the LVT is not a reliable source of government revenue.
Sales of property are not consistent and would have periods of slow activity. Especially in the "community" setting.
The government could artificially set land prices causing massive inflation whenever one of these slow periods happens.
Whatever the size of government, this would be a budgetary disaster.
Forget economic/property rights problems, the LVT cannot even do an effective job as a tax.
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