Most societies already levy property taxes on real estate, including on unimprov... | Hacker News

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		yenwodyah on Dec 5, 2020 \| parent \| context \| favorite \| on: Why a land-value tax is inevitable Most societies already levy property taxes on real estate, including on unimproved land. I don't know how they assess the value of that land, but they must have a working method for it.

throwaway201103 on Dec 5, 2020 [–]

Typically it's assessed value inferred from market sales data from similar properties.

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