You're assuming that the taxpayer getting as much money directly from a sale as possible is in some way legitimate government policy.
The government is not a business and the "taxpayer" has more interests than simply short term reduction of their taxes. In particular a lower cost of living, something we'll get if there's better competition and if we don't force businesses in general to have absurd unnecessary costs, is likely to benefit us more.
Short term "maximizing direct revenues from auctions" thinking is what got us into the stupid situation where spectrum auctions are geographic, resulting in decades of overpriced, poor quality, cellular service. It's also part of a mentality that's undermining every attempt to have the private sector provide quality infrastructure in the first place, usually at great social and economic cost to the rest of us. The same idiocy, practiced through property taxes, is in part why the entire railroad system in the US collapsed in the 1960s and 1970s.
We need to get away from that kind of thinking, and start looking at cost of living issues rather than what tax rate we can get away with.