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Saturday, 27 September 2008

LVT I can understand

I think this is a simple explanation on how Land Value Tax could work.

[Mark W and Anti-Citizen One; I'm coming round to the idea!]

Since the economy looks fubar'd anyway, now could be an excellent chance to change the system.


  1. Yup. Ashley Seager is our man on Fleet Street.

  2. Yes, an LVT and IPVT basically tax rent seeking.

    This tends to ensure that the most productive use of the property is made.

    This ensures that bad-taxes on wealth production i.e. transfer taxes (income taxes, VAT and inheritance) can be removed increasing growth and increasing.

    Myself and Mark W disagree on how to work it out.