Land value taxes, soda taxes, and carbon taxes — oh my!
Explain It to Me
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Land Value Tax
The land value tax would essentially be in a Leninist way, like heightening the contradictions on this. Existing rules that are already constraining housing supply and making people live in smaller, more expensive houses than they are would become an even bigger, bigger deal. One possibility is it would be the straw that breaks the camel's back. Another possibility is that expensive coastal cities would become even more expensive, but it would be progressive distributionally.
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