Interesting take on property taxes by @TheEconomist economist.com/news/finance-a… , especially taxing value of land and not value of what's on it.

Jun 30, 2013 · 3:52 AM UTC

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Replying to @davidbaron
@davidbaron Toronto has a fun problem with property tax: landlords with vacant storefronts get a rebate, which discourages finding tenants!
Replying to @davidbaron
@davidbaron On tax-land-only, I remember thinking there was a critical issue, but it's hard to find the wheat from the chaff re: problems.