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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.

2 comments:

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

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  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.

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