Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Today how that goes is you get huge tax cuts for not making money and keeping valuable resources off the market.

How that should go is you get taxed at the same rate as if you had set it at a price it could be rented at, therefore encouraging you to set your price correctly.

That’s the LVT, that’s basically the entire thing.



> huge tax cuts for not making money

Nobody pays income tax if they aren't making money. That's why they're called "income" taxes.


Yep, and that’s why I’m advocating a “land value” tax instead.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: