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Land value taxation is not the panacea that its proponents claim
Manage episode 436420388 series 3475482
Land value taxation is a 19th century idea that has very rarely been used. Its proponents say it is the great unavoidable tax that could potentially replace all other taxes. The problem is it is based on assumptions that might be fine in theory, but which would be incomprehensible in practice – and that’s no way to impose a tax charge.
186 jaksoa
Manage episode 436420388 series 3475482
Land value taxation is a 19th century idea that has very rarely been used. Its proponents say it is the great unavoidable tax that could potentially replace all other taxes. The problem is it is based on assumptions that might be fine in theory, but which would be incomprehensible in practice – and that’s no way to impose a tax charge.
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