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How to Determine the Value of Land
CNN's John Sutter talks about Georgism, the theory of a national land value tax. He says it would be hard to come up with an accurate valuation for every plot of land in the United States. The Texas Central Appraisal District System is better than some other regimes, he says. But there are still ways to administer property taxes that don't invite corruption or political chicanery., Sutter writes.