I don't think there is a connection. The situation where the landlords capture most of the increase in value that a cluster of retailers create, would not be affected if we switched from taxing the landlords on the value of their land and building, to taxing them just on the value of the land.
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I don't think there is a connection. The situation where the landlords capture most of the increase in value that a cluster of retailers create, would not be affected if we switched from taxing the landlords on the value of their land and building, to taxing them just on the value of the land.