Topic: | Land Value Tax | |
Posted by: | Francis Rowe | |
Date/Time: | 30/09/14 12:14:00 |
Doesn't this just have the same fundamental flaw as the mansion tax in that it is attempting to tax an asset whilst ignoring the income of the owner? If higher tax is payable on more valuable land then it will tend to mean that only people on higher incomes will live in these areas and you will end up with an even less social diverse society than we have at the moment |