alt.politics.economics

On Aug 29, 2:22 pm, professorchaos
wrote:

> If the elasticity of supply is even .00000000000000000001 there will
> exist a small excess burden and some taxes are passed to renters and
> buyers of land and there is an excess burden.

This is quite a way away from the notion that renters pay all land
taxes.

Now here's some questions for you.

Given that land value tax is not the same as improvement tax...

Case 1:
Land value is taxed but improvements are not.

Case 2:
Land value is untaxed but improvements are taxed.

Case 3:
Land value and improvements are equally taxed.

Under what demand conditions are each more advantageous for
the owner?

How likely are each of these conditions given high land values?

Under which case is the most improvement likely to occur
given a demand for improved land and why?

Bonus question:
Given the owners' (irrational?) belief that land value and
improvement
replacement value is going up and all esle being equal, under which
case would you expect the house renter to pay the most per square
foot
and why?

If I haven't given enough information to answer the question then
let me know what else needs to be added. Thanks.