Posts in support of land value taxation. Some discussion of the merits of LVT, some discussion of how any other commonly used form of taxation interferes with free and voluntary exchange, but mainly a clearinghouse of information on the progress of land value taxation.
Sunday, February 8, 2009
Former Indy Mayor supporting LVT?
Former Indianapolis Mayor Bill Hudnut entered a post on the Urban Land Institute's blog, The Ground Floor, supporting an increase of the tax on land while reducing the tax on improvements - a Pittsburgh-style land value tax. He refers to a 1972 Urban Land Institute Research Monograph that studied Australia's use of site value taxation, and a quote from Mason Gaffney (see Links). While it is refreshing to see a politician with Hoosier roots endorsing LVT, it is a shame he did not go a little farther back in its history. Even Pittsburgh began using the two-tier tax system in the early part of the last century, though not to any great effect until they increased the difference between the two rates.
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