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Originally Posted by fatlazyless
Now, if you subdivide that farm into residential lots, then the view makes a huge difference for what someone will pay.
Wasn't this a major reason why the 'in current use' tax exempt category for property of at least ten acres was created about 25 years ago?
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What a stupid thing to tax. I read that article. I believe that if the state accepts Avitar's side then farmland, forestland and open space will be at premiuim prices and lost to the farmer or landholder that won't be able to afford the property, much akin to lakefront property. We had this in theory at forestry college. Does one have the right to build and block your view? Does a town have a right to tax for that view? And that was in the 70's. What's to say you get charged top dollar for a view of totally forested mountainside/valley and someone comes along and builds even one house that you didn't want in your view. Will the town reduce your tax cause your view is now ruined. I doubt it. And in that article it talked that city dwellers that like the top floors for the view of the city they aren't taxed a view tax? I think they have opened a major oildrum of worms!