I couldn't find that information. Could you link the specific article?
Its just a wikipedia article.
From my understanding Farmers are basically the biggest beneficiaries from the Land Value Tax since all other taxes they would pay like Sales and taxes on Farm Equipment is eliminated by this tax they barely get charged anything but are encouraged to sell the land they aren't using and that land is used for something productive instead of just sitting there.
There's a big difference between land tax and land value tax. In the case of LVT, quality of land matters just as much as quantity. So low quality farmland in the middle of nowhere will have a tax rate of basically nothing, while well connected plots in a city centre are taxed more heavily.
It looks like Hylton was overruled by Pollock. Which means a LVT would have be apportioned among the states. Which would be interesting.
Yep. It will. Particularly agricultural states will have something to say on the topic for sure...
It is worth noting that Roosevelt's day was at the time when the 16th amendment was being written. If Roosevelt wanted to, he could strengthen the TTL 16th amendment to allow for a federal LVT. Pollock was highly unpopular, so there was a lot of political capital that could have been used to further weaken (or outright repeal) the provisions against direct taxes.
From the little I understand of it, it incentivizes people to use their land for practical purposes. In cities, I imagine things like parking lots and the like would be frowned upon for a lack of practical application. Farmland and the like does gave pretty clear application so as @PragmaticAntithesis is saying, would benefit the farmers.
Probably the former since that seems to be a traditional thing with farming. I also reckon that agribusiness will look quite different.
Well, farmland is vital and I imagine there would be a plan fo disasters like drought. May get some financial assistance or something. Not entirely sure since this isn't my area of expertise.
