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2023-07-18-getting-to-harberger-land-taxes
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getting to harberger land taxes
harberger taxation of land, as described in Radical Markets, is perhaps where we want to go
BUT, difficult to shift to / unlikely a government would unilaterally change things
why?
immediate drop in prices
undue impact on seniors (land-rich, income-poor)
although, could be mitigated
ex. w/ government-backed reverse mortgages
SO, what would be the best NUDGE forward?
apply harberger-land-taxes to new government land granted to developers
new apartment buildings with ~5% "co-op fee" and self-declaration of value?
similar to a co-op
particularly good for government-built/owned housing
might require a new "condo/co-op" legislation
2023-07-18
#public-policy
#land-value-tax
#georgism
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