The median average change in tax liability after revenue-neutral LVT was -28.6%.

"This study’s results are summarized as follows. On an aggregate basis, a revenue-neutral LVT would shift the tax burden away from single-family residential properties and on to other property classes. Over the 10-year period, a LVT would decrease taxes for 85.5 percent of residential homeowners, and the median average change in tax liability would be -28.6 percent."

empirical