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Working Draft — Version 2, 2026 · Policy framework, not an introduced bill

Plan for ProsperityNonpartisan fiscal framework

A6 · Pillar A · Revenue Optimization

Land-value and concentrated-holdings tax

Federal incentives, via conditional infrastructure and housing block grants, for state and local split-rate property taxes that tax unimproved land at higher rates than buildings. A modest federal levy on highly concentrated commercial land holdings above defined thresholds, aimed at speculation in agricultural and commercial real estate.

All policies / Revenue

10-year fiscal
+$150BRevenue

$50B–$250B · Low-Medium confidence

Implementation
Years 4–10
Y1Y10Y20
Middle class
Positive

Lower effective taxation of housing improvements supports homeowners and new supply.

Planetary
Positive

Encourages denser, transit-accessible development with lower per-capita emissions.

Global precedent

Pittsburgh and several other U.S. jurisdictions operate split-rate taxes. The Australian Capital Territory shifted from stamp duty toward land-value taxation from 2012. Estonia’s land tax has operated since 1993.

Lead mechanism

Treasury and HUD.

Bipartisan framing

Conservative case

Promotes development by reducing the tax penalty on construction and improvement.

Progressive case

Captures unearned land-value appreciation for public purposes.

Figures in this framework are illustrative directional estimates derived from publicly available data and conventional Congressional Budget Office budget-window logic. They are not official CBO scores. Any provision adopted from this framework would require formal CBO scoring before legislative consideration. This document is a policy white paper, not an introduced bill.