May 27, 2015
Well, he implicitly made the argument. I’m not sure why there is little interest in this idea, except the traditional resistance of intellectuals to new ideas.
Addendum
There are two additional reasons that a vacant property tax is a neat idea. First, we already have a tax assessment on file for properties, so it doesn’t require additional work. Second, even if people try to game the system by claiming a vacant property is actually occupied, we still have succeeded in imposing higher costs on leaving a property vacant. This means that owners are less likely to do so.
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