>Someone getting forced out of their home in exchange for a few million dollars isn't exactly the most tragic story out there
Separating someone from the place they had all their kids because they cant afford the tax is pretty bad. Especially when the property hasn't gotten any better. People shouldnt be at the mercy of subjective, third party evaluations of their wealth. This is why progressive taxation waits until gains are realised.
>Most plans to implement LVT at scale that I've seen include provisions to increase the rate slowly over years and decades
Never seen this, I always see Georgists lamenting home owners whose land has increased in value as evil and deserving.
>providing housing for the elderly is a problematic level of state intervention.
Providing housing for the elderly is fine. But if they are already self sufficient, forcing them into alternate housing is disgusting.
Separating someone from the place they had all their kids because they cant afford the tax is pretty bad. Especially when the property hasn't gotten any better. People shouldnt be at the mercy of subjective, third party evaluations of their wealth. This is why progressive taxation waits until gains are realised.
>Most plans to implement LVT at scale that I've seen include provisions to increase the rate slowly over years and decades
Never seen this, I always see Georgists lamenting home owners whose land has increased in value as evil and deserving.
>providing housing for the elderly is a problematic level of state intervention.
Providing housing for the elderly is fine. But if they are already self sufficient, forcing them into alternate housing is disgusting.