March 13, 2009

99% Tax on rezoned land

Posted in Your Ideas ·
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99% Tax on rezoned land, 0% on first 110% of Agri value: The current zoning system breeds corruption and cronyism and extracts vast sums of money from hardworking citizens to reward land speculators and corrupt builders (with large brown envelopes to reward their corrupt politicians). Remove the vast sums of money gifted by rezoning and this problem will ultimately go away. Hard work should be the only way to get rich!!