michaelcohen comments on Predicted Land Value Tax: a better tax than an unimproved land value tax

[michaelcohen]

I think this tax is fairly theoretical and un-implementable

I don’t see why it’s unimplementable. Do you mean politically difficult? That shouldn’t detract from our ability to analyze the effects.

predicting second-order impact is not very helpful

This is a concrete way to answer the question “is it distortionary”

differential tax rates will and do shift some people and operations toward lower-tax jurisdictions

I’m imagining a federal tax that’s the same everywhere.

My guess is that urbanization would slow a little bit

Can you explain why?