Property taxes tax buildings as well, a Land Value Tax is purely a tax on the land and doesn't change whether you have a building on it or not.
It depends how the wealth tax is implemented. European wealth taxes were primarily on capital like stocks, which are extremely easy to move, even easier than income. A wealth tax on land (an LVT) is literally impossible…
It shows xfce4-terminal
Regarding your comment about approval, isn't that the intended outcome? You elect the candidate that the most people approve of, regardless of whether or not there are other "stronger" candidates. The population would…
It's not a property tax (which taxes the building and the land), it's only a land value tax. So if you have a $300,000 house, it's not going to tax 2.5% of the $300,000 house, just the $50,000 worth of land it sits on.
Property taxes tax buildings as well, a Land Value Tax is purely a tax on the land and doesn't change whether you have a building on it or not.
It depends how the wealth tax is implemented. European wealth taxes were primarily on capital like stocks, which are extremely easy to move, even easier than income. A wealth tax on land (an LVT) is literally impossible…
It shows xfce4-terminal
Regarding your comment about approval, isn't that the intended outcome? You elect the candidate that the most people approve of, regardless of whether or not there are other "stronger" candidates. The population would…
It's not a property tax (which taxes the building and the land), it's only a land value tax. So if you have a $300,000 house, it's not going to tax 2.5% of the $300,000 house, just the $50,000 worth of land it sits on.