Comment by _rm

Right. So frustrating to hear people speak of LVT as some pie in the sky concept when it's the most original and basic form of tax, for centuries, worldwide.

It's equivalent to a modern day person talking about how cooking food over an open fire is never going to work.

The valuation issue is also a non-issue. You just have people self-assess the value, but any stated value is an option for the state to buy at that price. Also an ancient and well known mechanism.