You could certainly phase in an implementation over 20-30 years to give the economy time to adjust. Just interpolate the taxes.
In a state with fully implemented LVT, you would expect most people in dense cities to be living in multilevel housing that makes more efficient use of land. Eg if your condo building has 5 floors, you're splitting your land tax 5 ways.
Sprawling single level houses would be a relative luxury.
In a state with fully implemented LVT, you would expect most people in dense cities to be living in multilevel housing that makes more efficient use of land. Eg if your condo building has 5 floors, you're splitting your land tax 5 ways.
Sprawling single level houses would be a relative luxury.