[RP TownTalk] Land Value Tax Calculator
Andrew Farrington
somefool at dvnt.com
Thu Apr 13 14:11:03 UTC 2006
On Thu, 13 Apr 2006, David Hiles wrote:
> The shifted amounts are small in most cases, which I think is what Mr.
> Lingua noticed. This small initial shift is intentional, so that there
> is not a big disruption at the beginning. The first change is something
> like a 20 percent cut in the tax rate on improvements, with the revenue
> made up by increasing the rate on land. Over time, more of these
> changes are made so that the town eventually gets to the target high
> rate on land and the target low rate on improvements. Making the change
> all at once is unnecessary and would be cause more problems than it
> would solve.
So, in other words, this handy calculator actually tells us nothing?
Andrew Farrington
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