Mayor Duggan's Land Value Tax plan could cut homeowners’ property taxes by 17%

Today, Mayor Duggan announced a plan to knock down that imbalance, cutting the average homeowner’s property tax by 17%.

[@theamazinghippopotomonstro9942]

Georgism is coming back!!!

[@CivilizedWasteland]

there shouldnt be any property tax if you are doing a land value tax it defeats the purpose of doing it

[@grimaffiliations3671]

a land value tax is a kind of property tax, it's just much cheaper

[@wildfire9280]

@@grimaffiliations3671 It’s main selling point isn’t simply the fact that it can often be cheaper. It’s designed to promote economic productivity instead of acting as a hindrance to it like with most taxes.

[@grimaffiliations3671]

@@wildfire9280 cheaper will be a selling point for a lot of voters, especially the homeowners who would lose most of their homes current value