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A simple average of total value / total amount of land is crazily misleading. LVT isn't about charging a flat rate per acre, it's supposed to scale with the unimproved value, hence the name. Land value per acre has a tremendously skewed distribution. The 10 acre plot in Missouri wilderness wouldn't pay very much under an LVT system, while a vacant lot in NYC would be on the hook for millions (probably).



I wasn't trying to mislead, just sharing my napkin math.




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