Parking lots are a waste of space and force us to build things further apart, making life more difficult for those who don’t want to use cars. They should have to pay.
Willing to bet they only pay enough to make it worthwhile for the property owner. In classic capitalist fashion, it completely ignores the externalities that the rest of society has to bear.
Property taxes on parking lots should be assessed on the full potential of the property. What kind of tax revenue could that same property bring in if it were an apartment or office building? That’s how cities should be looking at it imo
![[Image] Not sure why but this made me laugh](https://images2.imgbox.com/d6/de/7ucqn32U_o.jpg){kind=link}
Parking lots are a waste of space and force us to build things further apart, making life more difficult for those who don’t want to use cars. They should have to pay.
Willing to bet they only pay enough to make it worthwhile for the property owner. In classic capitalist fashion, it completely ignores the externalities that the rest of society has to bear.
Property taxes on parking lots should be assessed on the full potential of the property. What kind of tax revenue could that same property bring in if it were an apartment or office building? That’s how cities should be looking at it imo
Isn’t that basically what a land value tax does?