> On top of that, a tax that applies equivalently to all of the land available to the rental market in a given area will simply push prices upwards across the board
Most research asserts that a land value tax decreases the selling price of land.
> On top of that, a tax that applies equivalently to all of the land available to the rental market in a given area will simply push prices upwards across the board
Most research asserts that a land value tax decreases the selling price of land.
Presumably by exactly the value of the tax (over the lifetime of the purchase).
But who's selling the land? If everybody has to pay the tax then all of the property owners can increase rental prices by the same amount.