That sounds absolutely awesome. I’m glad to see that a land value tax of some sort is being used somewhere.
The best description of a land value tax that I’ve seen was actually described by a civil engineer, and his explanation was that he taxed the infrastructure costs to support that parcel.
@GhostOnTheHalfShell But you'd never know it, that victoria has a land value tax. The media silence is almost as loud as the tax bills themselves. While the rest of the country is in a housing fever dream, Victoria has been quietly implementing a blueprint that treats housing as a service rather than a purely speculative casino.