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Report on Value Lost because of Value Limitations under Tax  Form

Report on Value Lost because of Value Limitations under Tax Form

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well as many americans struggle to find housing we are taking a look at how property taxes are handled in the u.s we want to bring in daryl fairweather she is a chief economist at redfin and an insider contributor who wrote about how land value tax could actually help solve the u.s housing shortage i think this is a fascinating topic i want to start with kind of the basics so people understand when the difference between sort of your property tax and what you're suggesting which is a land value tax right now people look at their property taxes and that is taxing what versus what a land value tax would be taxing sure so the way that most property taxes work is that you are taxing the value of the home on top of the land to the value of the land and this actually discourages investment because if you go and you add say a granny flat uh additional dwelling unit to the property you're going to be taxed more even though society desperately needs that extra housing because th

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