[RP TownTalk] Land Value Tax

[Marc Molino]

Putting aside the individual personalities and which policies they support, 
could someone explain to me why a land value tax is a bad idea, or better 
yet, by what reasoning have previous town councils voted against 
implementing an LVT?

Because a theory sounds good, doesn't mean it's practial; likewise, just 
because someone voted against it, doesn't mean it's a bad idea. I would 
assume one argument might go that if Riverdale Park were the only 
municipality to have an LVT, developers might go elsewhere to purchase 
property first.

Anyhow, I'd appreciate hearing a little more on why Riverdale Park has voted 
against such an option in the past. At this point, I am neither for nor 
against an LVT. Mostly, I just miss the Riverdale Bookstore and the bicycle 
store.

Kindly,
Marc Molino