Which state will be the first to have a statewide land value tax and no state income tax by 2030?
30
3kṀ1863
2030
0.2%
Alabama
0.8%
Alaska
0.2%
Arizona
0.2%
Arkansas
0.3%
California
1.3%
Colorado
0.2%
Connecticut
0.2%
Delaware
0.8%
Florida
0.2%
Georgia
0.2%
Hawaii
0.2%
Idaho
0.2%
Illinois
0.2%
Indiana
0.2%
Iowa
0.3%
Kansas
0.2%
Kentucky
0.2%
Louisiana
0.4%
Maine
0.2%
Maryland

This market resolves to the first US state that fulfills these criteria:

  1. Has a land value tax (defined for the sake of this market as a property tax that exempts at least 75% or more of the value of buildings)

  2. Has no state income tax

If no state ever meets these criteria by the deadline this market resolves to "No state"

As for the administration of the LVT - it counts regardless of whether it is administered by the state government or by local governments, so long as 90% of the population 90% of parcels are subject to it, and there is no overlapping conventional property tax of any significant amount.

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