this post was submitted on 16 Feb 2026
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A Boring Dystopia

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[โ€“] TubularTittyFrog@lemmy.world 1 points 11 hours ago* (last edited 11 hours ago) (1 children)

No, i actually worked with economists, lawyers, and assessors on research projects. And everyone of them loved LVT in theory, but in practice sucked balls. Again and again, the research showed poor and awful outcomes when the direct implementation of the tax was studied and various municipalities that have tried it have totally and utterly failed and gone back to a property tax due, largely due to the overwhelming overhead costs involved with assessing and administering a LVT.

There is a huge gulf between theory and practice. Georgists sit around all day and theorize and idealize but never actually go into the trenches of tax law, tax policy, and tax enforcement.

[โ€“] madejackson@lemmy.world 1 points 11 hours ago* (last edited 11 hours ago)

Very interesting. Do you have any sources to share so I can read into that?

Also, I believe there are 2x publicly known sources for LVT being applied on a wide scale: Alaska and Singapore. Both are very successful and comfortably perform far above average compared to other US states / other countries. This somewhat directly contradicts your statements. So maybe your experience is not representative for LVT's performance, but rather your specific execution of it.

Just to be clear, LVT is just one form of resource tax. Actually all resource use including pollution and oil extraction etc. fall under my understanding of georgism.