Can you calm down? I didn't say that I was special and I'm not your "bruh". The few super rich people who buy 100 million dollar properties in the middle of a city for personal use as their only home are not the problem. By all means, add a clause so the tax exemption only applies for land values below a threshold. In fact I already thought of this by writing "moderately sized". The solution is never to tax working people even more just because they want to have a home.
> By all means, add a clause so the tax exemption only applies for land values below a threshold. In fact I already thought of this by writing "moderately sized".
That implies a size-based exemption, not a value-based one. And that kind of thing is how you get loopholes that the super-rich exploit. Keeping the tax system simple is the only way to do it. Tax all land in proportion to its value, no exceptions.
> The solution is never to tax working people even more just because they want to have a home.
Part of the point of the idea is to (eventually) move away from taxes on working. It's not like having a home is being treated as a special case, and nor should it be. Again: if you're taking the land out of public use, you pay your fair share of tax, in proportion to the value of the land you're monopolising. Keeping the rules simple ultimately benefits the working poor far more than trying to create special case carve outs.
