Property Taxes vs. Land Value Tax: What You NEED to Know!
Today we’re diving into a new housing policy proposal, and trust me, it’s not pretty. Spoiler alert: it’s just as terrible as some of the other ones I’ve talked about.
If you think property taxes are bad now, wait until you hear about this idea to replace them with something called a land value tax (LVTA). Sounds like a simple solution, right?
But here’s the kicker – this could push us into even more trouble, especially if you care about open land, farming, and our food supply.
Stick around, because we’re going deep into why this is a huge deal for homeowners, landowners, and honestly, all of us.
AC