Property tax is rent like a condo fee is rent: It at least approximates a (progressively, in most tax schemes) assessed user fee for community services. The size of the fee is proportional to services rendered.

The LVT as envisioned by its advocates isn’t like that. It’s a fee—largely determined by market forces—to continue to occupy and make use of “your” land. If the government can insist you pay some market-set cost to remain on a plot of land, you don’t own it in the way we classically think about land title ownership. You’re not the market participant, the government is.