No but ideally they'd be changed so that the land itself is taxed as opposed to any improvements you make or anything productive like that.
Pretty much this.
Ideally I would like to see all taxation replaced by a land values tax instead of such crazy ideas like the Flat Tax or "Fairtax".
How would that ever work in practice? How can you value land independently of what is done with it? Remember, in Europe, pretty much the entire landscape is man-made, through irrigation and such.
The LVT is an idea that has been around since the Physiocrats first suggested it which is rather funny because they often over emphasized the value of land. Thankfully Adam Smith set them strait when he published the wealth of nations.
The Physiocrats were often convinced of their own metaphysical claims and routinely suggest that ordre naturel should be the intellectual lens in which the realm of economics should be viewed through. From this the Physiocrats divided the economic classes as such.
1.The productive class being the farmers and agriculture laborers
2.The Unproductive class being the merchants, Industrial laborers, and artisans.
3.Finally the class which exploited these two were considered parasites because they charged rent.
The most interesting thing about these folks is that many of their metaphyisical derived principles can still be found in modern economics today. For example these guys did believe in an equilibrium once income started to flow unhindered in-between sectors, today a derivative of this can be found through out keynsian and Neoclassical theory. This is not very surprising though, and especially so since Adam Smith learned much from these french mystics of the 1760s.
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