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By BH in BC (anonymous) | Posted March 23, 2010 at 23:10:13
John- I think your article reveals the danger of social engineering, as Robert D. puts it. Governments are poor at social engineering, and the outcome can be devastating. Consider that the policy you're criticizing is just an earlier attempt to shape the city through taxation. Wouldn't new tax tactics have their own unintended consequences?
I'm definitely not arguing for keeping the vacant building tax gift. Your argument there makes a lot of sense. I'm arguing, rather, for a level tax playing field, in which property use is neither rewarded nor punished. Let buyers and sellers, not tax law, decide what land is worth and how it is used.
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