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azzuri
'Our Scotland' Fossil
Joined: 12 Sep 2005
Posts: 4291
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 Posted: Sun Nov 16, 2008 5:30 pm Post subject: Land Value Tax campaign... |
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| Quote: | Introduction to the Land Value Tax Campaign -
The Land Value Taxation Campaign is a single-issue organisation based in the UK. It proposes that the rental value of land should be collected and used as the principal source of public revenue, as a replacement for present taxes on wages, profits, goods and services. Why? Nearly every country in the world is affected by poverty and unemployment; widening divisions between rich and poor; boom-slump cycles; housing shortages; inadequate infrastructure; and damage to the environment. These economic ills persist, seemingly intractably, despite unprecedented developments in science and technology. All of them are ultimately related to the different economic behaviour of 'land' in contrast to man-made consumer and capital goods, which are can be produced in response to demand and are transportable.
But land is otherwise. No more can be produced: each plot of land is unique and immovable, and its total supply is fixed. Consequently, the market in land behaves differently from the market in products. Land value comes from the natural and man-made advantages of location, which derive from the presence and activities of the community as a whole. From this conclusion it follows that the value of Land, its rent, is peculiarly suitable as a source of public revenue. Whilst not, in reality, a tax, but a payment for the right to hold land and enjoy all the benefits of occupation, this policy is usually referred to as 'Land Value Taxation', and would operate as an annual charge on the rental value of land, assuming that each site was in its optimum permitted use. When this policy is applied, most of the problems mentioned in the first paragraph are mitigated or vanish completely. This proposal cuts across all political divisions and for this reason the Campaign has no party political affiliations. |
see - http://www.landvaluetax.org/
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"Gordon Brown mistook a glut of cheap money and a global bull market for his own administrative genius. In so doing, he wrecked the economy. Had the Prime Minister been running a company, instead of a country, he would be facing an inquiry into allegations of criminal negligence." - Jeff Randal
"Every single person on this planet is unique. Just like everyone else..." - Random Guy in Edinburgh Pub
"A democracy cannot exist as a permanent form of government. It can only exist until a majority of voters discover that they can vote themselves largess out of the public treasury." - Alexander Tytler
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Possibly the funniest site in the world, 'The Daily Mash' - http://www.thedailymash.co.uk/ |
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agentmancuso
Ready For Afterlife!
Joined: 06 Sep 2006
Posts: 2910
Location: Gone to the forest
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| Posted: Sun Nov 16, 2008 6:38 pm Post subject: |
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A very worthwhile site - I came across it a while ago. There's a long standing (if so far ineffectual) Lib Dem internal campaign group on LVT of which I used to be a member. It would be great if the SNP could be pushed in that direction, much better than LIT.
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It's murder every week at Firhill. |
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Rinty
Jim Baxter is God...........really!!!!
Joined: 19 Sep 2005
Posts: 3601
Location: SW Scotland
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| Posted: Sun Nov 16, 2008 9:27 pm Post subject: |
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The Greens have this as a policy and argued for it in parliament (also innefectual). Graeme McIver and others pushed for discussing it in SSp and again in Solidarity, it does make sense.
For a long while my own old left prejudices just saw the words 'land' and 'value' in the same sentence and I didnt pay it any atention.
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