Rates are a property value based tax and isn't this the same? I do really wish you had painted a big vision and then looked at pragmatic steps to get there. This policy has NOT provided me with confidence that TOP will be anything other than a ideas platform. Like the greens. I hope you do some strategy work with psychologists and organisational change experts otherwise the gap between ideas and implementation/action will remain (damn you democracy!).
It is more broader than just your land and It targets all capital.