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Is Land Value Tax Racially Regressive?
Some say land value tax would be racially regressive, because white people have less of their wealth in housing. It's the racial component is an economic component. We've been working closely with close in neighborhoods in philadelphia that are primarily black. And l v t turns out to be a way to save them from savit and give them relief from the real estate boom. I'm reall interest in that aolicas. m but just to play devil's advocate, youknow, you sometimes the report that its like am like, particularly african americans, have more of their wealth on housing than they do in other assets. For instance. i've seen charts like that that i