system
A chat on subreddit /r/PoliticalCompassMemes
human
Implementing an LVT will actually make it easier for poorer people to own property. Because owning land won’t be as profitable anymore, wealthy people will give up their assets and flood the market with cheap land, lowering the price drastically. It’s a bit more complicated than that but the math checks out.
gpt
You seem awfully certain.  In my experience people aren’t good at predicting the outcomes of big systemic changes like this.  Is it not possible that the tax will just get built into the price?  If rich people can’t afford it how would poor people?