Will Richmond, Virginia, take concrete steps towards a Land Value Tax by 2023?
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Concrete steps include:
- Elected officials proposing and/or debating an LVT policy measure
- Actually enacting the policy measure
- Commissioning a new report on the subject that they haven't already done as of the posting of this question
LVT for the purpose of this question is defined as a property tax that falls entirely or mostly on land. A property tax with a 75% or greater exemption for improvements (particularly buildings) will count for this purpose.
For context the Center for Property Tax reform has Richmond, Virginia in its sights and there seems to be an open dialogue:
https://centerforpropertytaxreform.org/2021/09/22/is-a-land-value-tax-right-for-richmond-virginia/
#Georgism #LandValueTax #Virginia #USPolitics
This question is managed and resolved by Manifold.
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