Re: Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)

From: jmh <jmhall@xxxxxxxxxxxxxxxxxxx>
Date: Thu, 20 Mar 2008 22:28:28 GMT

On 2008-03-19, royls@xxxxxxxxx <royls@xxxxxxxxx> wrote:

On Wed, 19 Mar 2008 11:20:49 GMT, "Dan in Philly" <djr8@xxxxxxx>
wrote:

"PeterBP" <ask@xxxxxx> wrote in message ...

Why are contractual arrangements regarding land supposed to be more
difficult to obscure than any others?

Because you cant hide land itself like you can with say a PC?

His point is that you can hide the *value* of land. Instead of selling you a
piece of land for $500,000, I can officially sell it to you for $100,000 and
secretly give you $400,000. So the land tax will be based on the $100,000
number.

All that would do is succeed in getting your competitors' land taxes
lowered.

It would do more than that. Since the same incentives
exist for others to reduce their tax liability it would
increase the cost of adminstrating the tax system.

The issue is never about an individual's behavior
but the general behavior within the market.

jmh

.

Follow-Ups:
- Re: Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)
  - From: royls

References:
- Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)
  - From: RogerDodger
- Re: Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)
  - From: PeterBP
- Re: Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)
  - From: Dan in Philly
- Re: Land tax -- the Hudson/Gaffney challenge (Re: better tax code: no income tax, head tax (&| ppty t)
  - From: royls

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