fattony
Senior Member
- Joined
- Jan 28, 2013
- Messages
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I am beginning to think we need a "blight surcharge" in property tax rates. Letting a prime location sit empty should be costly -- because it is a public nuisance and economic detriment to the neighborhood.
That is a real thing. It is called Land Value Tax.
JeffDownTown -- Why is the answer for every problem a Tax???
Don't play stupid, you know well this is a classic economic problem with a classic solution. Governments (society) can influence behavior by putting a cost to undesirable things (through taxes and fees) and subsidizing desirable things. The fact that the US federal, state, and local governments have failed to do this in a systematic and cohesive way is the only problem.