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2 points

How would this account for people who do put work into increasing the value of their land? If you decide to permanently settle down somewhere, naturally you’d want to make improvements to your home and the surrounding areas to improve your quality of life.

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2 points

You’re right, technically a land value tax should be not on the total value of the land but rather on the unimproved value, so even improvements made to the land itself would still be exempt from taxation.

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