Land Value Tax is truly incentive taxation. It encourages economic - TopicsExpress

Land Value Tax is truly incentive taxation. It encourages economic development of urban land, thereby stimulating the house building programme. I penalises speculation which holds back land from development and raises land prices. It helps protect the green belt by incentivising better use of urban land. It is also the only tax which has effects consistent with all macro-economic policy objectives, such as redistributing wealth fairly.

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