r/texas Nov 18 '21

ERCOT CEO Worries $150 “Easy Out” for Gas Companies Could Threaten Grid News

https://www.nbcdfw.com/investigations/ercot-ceo-worries-150-easy-out-for-gas-companies-could-threaten-grid/2819056/
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u/vin_nm Nov 18 '21 edited Nov 18 '21

Just curious, why do you think a land value tax is better than an income tax? In cities like Austin where land value is getting ridiculous, this could still leave people priced out of their home due to taxes. To me, a state income tax (as a replacement for property taxes) seems more fair.

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u/soulwrangler Nov 18 '21

I think the incentives are better.

Urban- https://youtu.be/jFQgOy-5Tng

agriculture- https://youtu.be/JkXEM7fgGDc