Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Texas has some of the highest property tax millages in the U.S. they’re closer to a land value tax than most other places


Yes, but anybody with considerable land has it deeded "agricultural" so they effectively don't follow the Georgian tenants of Land Value Tax's basic theory.

See https://en.wikipedia.org/wiki/Land_value_tax

For example, beekeeping as a hobby is expensive (you will never recoup in honey sales)... but in many states "worth it" for the agricultural exemption, alone.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: