LVT is by a million miles the least-worst kind of tax, and does lead to all sorts of positive outcomes. No harm in telling people about them, but it's best to focus on one or two.

My favourite at the moment is to point out to these people who are wailing about Northern Rock and gloom in housing market that this is all a bubble - a credit bubble and a land price bubble. If we'd introduced LVT at the bottom of the cycle in 1994 or 1995, when most residential land was nigh worthless, we wouldn't be where we are now. And so on.

Reply

The content of this field is kept private and will not be shown publicly.
To combat spam, please enter the code in the image.