Comment by strbean
13 hours ago
The bottom 50% in terms of wealth in the US only own 10% of the land. How on earth is this a regressive tax? The top 10% own over 40% of the land. https://fred.stlouisfed.org/graph/?g=1KsUt
13 hours ago
The bottom 50% in terms of wealth in the US only own 10% of the land. How on earth is this a regressive tax? The top 10% own over 40% of the land. https://fred.stlouisfed.org/graph/?g=1KsUt
how much of US land is housing? probably much less than 10%
edit: yep https://www.visualcapitalist.com/america-land-use/
amusing attempt at using data for an argument
What is the relevance of that? LVT is not exclusive to land with houses on it.
> amusing attempt at using data for an argument
Rude and unnecessary, and entertaining when your response seems to be a total non sequiter.