Quote:
or the regulars, this is hilarious on its face: Radar found a reason -- ANY reason, really -- to call the Free State Project bogus and a potential failure, for a minor philosophical point that won't really apply to the FSP until, probably, decades into its existence.
|
The truth comes out now - even his "pals" are turning on him.
The minor philosophical point is not so minor in my mind. Property taxes in NH are a singular rate 25 per 1000 of valuation on land and on buildings in my town. Taxing buildings (the fruits of labor) discourages people from building but shifting taxes off buildings and onto land values will incent people to optimize the use of land as it relates to the center city:
1. lower tenant rents by the building boom of apartments
2. make land and housing more affordable by ending speculation
3. curb sprawl without zoning by focusing development downtown where it belongs
4. increase blue collar jobs
5. create more walkable & livable cities while encouraging less dependence on the car
6. protect open space as the edge of the cities contract