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Home Letter to the Editor Definition of Land & Property Tax

Definition of Land & Property Tax

Highlighting an impor­tant aspect of property rights and long-term planning. Reintroducing a land and build­ing tax would be a sensible step to ensure that the government can generate steady revenue from property assets, especially as the land value appreciates over time.Such an approach would also promote better land use management and curb speculative holding of…

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