A 9% annual land-value tax (LVT) could eliminate all other American federal taxes. This tax would be easier to administer, incentivise productive land use, and it's progressive.

**Necessary LVT rate,**
_$ trillions_
———————————————
Federal tax receipts               3.2
(÷) Value of private land      37.0
---------------------------------
(=) LVT rate                         8.7%

What do you think of this idea?

I would love to hear your thoughts on why.

Valuabl

Landing a new tax

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