This is an oversimplification. Density in fact makes public infrastructure more efficient and more predictable. As Mason Gaffney notes in his article, "Containment Policies for Urban Sprawl" "Consider water…
This piece is kind of embarassing. It certainly attempts to lump a lot of blame on the feet of LVT, which is not too surprising given the author has a history of hostility to the idea. Notably in…
Indeed, in fact when it was up to the people, they preferred the Unimproved Value method. See for example https://landvaluetaxguide.com/new-zealand-experience/ "In a general observation Keall states; Wherever Land Value…
Assessors observe market activity. The 'purchase price' when you buy land is based on the highest and best potential use of land. The "Land Value Tax" merely appropriates this observed value for public expense (and…
"Tax is someone taking money by force" <--False, the entire ownership regime of land is an exercise in force. Land rent is either publicly collected or privately captured. When one has the (correct) philosophical…
That's how externalities work. It isn't particularly a 'fine dependence' or driving people toward owning massive quantities of land. If you buy those things then you paid for them and for them to keep their value you…
This is true, however it was still a property tax (appreciation of course is due to land but the disincentive on improvements is still there), it was poorly administered (long periods between assessments) and it was…
Henry George recognized that there were benefits to private control, security of tenure, productivity, etc. These ideas were well recognized by classical economists/liberals, Locke, etc. There is ultimately no -perfect-…
This is an oversimplification. Density in fact makes public infrastructure more efficient and more predictable. As Mason Gaffney notes in his article, "Containment Policies for Urban Sprawl" "Consider water…
This piece is kind of embarassing. It certainly attempts to lump a lot of blame on the feet of LVT, which is not too surprising given the author has a history of hostility to the idea. Notably in…
Indeed, in fact when it was up to the people, they preferred the Unimproved Value method. See for example https://landvaluetaxguide.com/new-zealand-experience/ "In a general observation Keall states; Wherever Land Value…
Assessors observe market activity. The 'purchase price' when you buy land is based on the highest and best potential use of land. The "Land Value Tax" merely appropriates this observed value for public expense (and…
"Tax is someone taking money by force" <--False, the entire ownership regime of land is an exercise in force. Land rent is either publicly collected or privately captured. When one has the (correct) philosophical…
That's how externalities work. It isn't particularly a 'fine dependence' or driving people toward owning massive quantities of land. If you buy those things then you paid for them and for them to keep their value you…
This is true, however it was still a property tax (appreciation of course is due to land but the disincentive on improvements is still there), it was poorly administered (long periods between assessments) and it was…
Henry George recognized that there were benefits to private control, security of tenure, productivity, etc. These ideas were well recognized by classical economists/liberals, Locke, etc. There is ultimately no -perfect-…