land value tax

land value tax

A land value tax is a tax on the value of land, excluding the value of any buildings or improvements to the land. Advocates of land value taxes argue that land values are generally due to location and not subject to human effort, rents received based on land values are "unearned rent" - which reward speculation rather than effort.

Henry George was a populist economist in the late 19th century who advocated that a single tax on land values (100% of income) could replace all other forms of taxation.

tax reform, sprawl, property tax, taxes


Land value taxation has positive social effects.

Statistical evidence indicates that land value tax promotes compact, harmonious use of land and eliminates a root cause of poverty. In this case, adopting land tax can reduce the need for zoning and protection of rural land, and for housing projects, welfare, and a host of bureaucratic services for the poor."

People who study this issue will find that small and simple combination taxes that are essentially payments for exclusive access to common resources will address most of thier interests without complicated and intrusive bureaucracies. Land tax itself will eliminate land speculation and land monopoly, and will promote orderly development of land in cities and towns, taking developmental pressure off suburban and rural land."

sources and resources

- Dan Sullivan, from Greens and Libertarians - the yin and yang of our political future.

(adapted from source libertarianwiki )