February 6, 2012 · 1 min
BBC - Democracy Live - Short debate: A Land Value Tax for Wales?
BBC - Democracy Live - Short debate: A Land Value Tax for Wales?.
Sometimes it is easier to picture a reform if one thinks about it in the context of another society. This talk, in front of the National Assembly of Wales, is a good introduction.
As I listened, I did some searching; you might appreciate
- http://www.labourland.org/lvt/labour_and_land.php
- http://www.labour-party.org.uk/manifestos/1906/1906-labour-manifesto.shtml
- http://www.clickonwales.org/2012/02/windfalls-from-public-investment-should-be-shared/
In short a Land Value Tax is:
Cheap to collect
Difficult to evade
Discourages speculative land holding
Encourages active use of land, creating more job opportunities and wealth