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You got that backwards - the state of california keeps seizing more and more land. Then, instead of being productively used, it's kept "pristine" so that it looks wonderful for the rich who afford to go out in the middle of nowhere and sit in it.
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Quote:
The land doesn't need to be productive to be useful
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"Conservatives are not necessarily stupid, but most stupid people are conservatives." — John Stuart Mill |
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It's not quite the same as making land into public land. Land would still be used as if private. The only difference is that the people who profit from this private use pay "rents" instead of income tax, sales tax, property tax (which would include values of buildings and machinery and other things), capital gains tax, etc.
From what I understand, Hong Kong uses (either that or used until China took it back- not sure) this tax system and it has been pretty successful.
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