
How Land Value Taxes Could Change Quality Affordable Housing in Richmond
By Erin Sweet A Land Value Tax (LVT) is a property tax that, unlike traditionally property taxes, does not take into account any value of improvements on the land, but rather taxes only the value of the land itself.[1] This means that for tax purposes, it really is all about location, location, location. While this sounds like a dramatic shift, most property tax schemes already … Continue reading How Land Value Taxes Could Change Quality Affordable Housing in Richmond