/lit/ - Literature

Anonymous Thu Jan 21 00:10:37 2021 No.17340896 [View]
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>>17339911
>It is known that land value taxation reduces the market price of land. That's why the billionaires that own the government don't allow land value taxation, and instead they place the burden of taxation on the working class.
I'm this poster >>17339666

I'm actually convinced by this. It does explain a lot about why CA taxes on land are so low compared to everything else. It really does favor the landed class more than anything.

It's crazy how we've ended up in a semi-feudal society with another landed gentry.

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/lit/ - Literature

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