What would a tax placed on land cause

Question

Quizplus · Accepted Answer

A tax placed on land is called a land value tax, which is levied on the value of the land itself rather than any structures or improvements on it. Since the supply of land is fixed, the tax cannot cause a deadweight loss or reduce the amount of land available, making it an efficient tax. Additionally, landlords bear the burden of the tax, as they cannot pass on the tax to their tenants since the supply of land is fixed. However, it may not generate enough revenue to eliminate all other taxes.

What Would a Tax Placed on Land Cause