Taxes that would slow down urbanisation (by making the state complicit in increases in urban land price/costs of urban services) sound like a real bad idea.
AFAIK the claim is that taxing land value would lead to lower rents overall, not higher. There’s some econ reasoning behind that.
AFAIK the claim is that taxing land value would lead to lower rents overall, not higher. There’s some econ reasoning behind that.