We can have one without the other
In January of 2019, Thailand instituted a land and building tax. Two thirds of the thirty- three million property parcels had been appraised by mid-year, with the revenue intended to finance local (provincial) governments. Political pressures against the implementation of the tax, were intense in… Read More »Impacts of Land Taxes in Thailand
Restrictions on and regulation of land use are known as “zoning” in the United States and “planning” in the United Kingdom as well as in many other parts of the world. The legitimate purpose of these controls is to prohibit uses of land that are… Read More »The Economics of Land Use Controls
By Nicolaus Tideman “The Henry George Theorem” is the name that economists have given to the postulate that, under certain circumstances, a public service will increase land rent[1] enough that, if the increase in land rent is collected as public revenue, this revenue will sufficient… Read More »The Henry George Theorem
UPDATE: This post prompted an interview on the Real News Network. Watch the interview here. By: Rich Nymoen My kids recently started back to their high school, as did millions of other kids across the country. I’m fortunate that they attend public school in a… Read More »Segregation
by Fred Foldvary The most effective way to reduce climate change is with a “green tax shift” which replaces taxes on wages, goods, and enterprise with levies on pollution and land values. There are three basic ways to reduce polluting emissions: regulations, permit trading, and… Read More »Climate Change and the Green Tax Shift
Common Property in Land. “We must make land common property,” Henry George declared. That loaded statement has often been taken out of context. It frequently led to George being lumped in with “the socialists” (who, for their part, strongly disagreed with George; Karl Marx referred to… Read More »Henry George’s Remedy
Land Value Taxation (also known as split-rate real property taxation, and two-tiered real property taxation) is a type of real property taxation. Whereas the typical real property tax taxes both land and the improvements on the land at the same rate, LVT taxes land at a higher rate… Read More »What is Land Value Taxation?
by Lindy Davies It has been generally assumed, for many years, that “the free market isn’t good at providing affordable housing.” If the free market can’t satisfy that basic, universal human need, then we can’t afford to trust the free market, can we? Oddly, the… Read More »Affordable Housing
Few people illustrate the reach and influence of online discussion better than Matthew Rognlie. In April 2014, the 26-year-old MIT student had just read Thomas Piketty’s Capital in the Twenty-First Century, and among the numerous reviews of the book, he felt that a nagging problem was not… Read More »The Evidence Is In: Land Is The Cause of Inequality
A land value tax is a tax that is assessed on the value of a piece of land, rather than the value of the buildings that sit on it. Under a land tax, you are effectively taxed on the value of your location, which is… Read More »What is a land value tax?
