this post was submitted on 09 Jul 2024
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Don't hate the game, hate the players. (lemmy.ca)
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[–] Amadou_WhatIWant@lemmy.world 1 points 4 months ago

No the idea is that it is very distinct from property. It is just the value of the land. Any "improvement", be it a house, a factory, or an apartment building is untaxed.