Most of the arguments against LVT you cite are reasons to like it.
We want improvements to raise nearby value and related taxes. We want to disincentivize doing nothing when your neighbor is doing something. Either get to work or sell to someone who will work.
We don’t want LTV to entirely replace other taxes, it’s a tool for incentivizing healthy proximal growth.
We want it to disrupt long-term plans, because the plans being made are clearly bad for us and not good investments.
We want to set a precedent that a small minority can’t hold a community hostage hiding behind property rights and refusing to let a city naturally grow.
In the end, we’re left with LTV might not work as well as some think. And that’s historically a very weak reason for not doing it.
Most of the arguments against LVT you cite are reasons to like it.
We want improvements to raise nearby value and related taxes. We want to disincentivize doing nothing when your neighbor is doing something. Either get to work or sell to someone who will work.
We don’t want LTV to entirely replace other taxes, it’s a tool for incentivizing healthy proximal growth.
We want it to disrupt long-term plans, because the plans being made are clearly bad for us and not good investments.
We want to set a precedent that a small minority can’t hold a community hostage hiding behind property rights and refusing to let a city naturally grow.
In the end, we’re left with LTV might not work as well as some think. And that’s historically a very weak reason for not doing it.