Richard England, University of New Hampshire Professor, co-edited a book published by the Lincoln Institute of Land Policy entitled "Land Value Taxation: Theory, Evidence and Practice".
In an interview, England states, "We’ve done simulation studies in Manchester and Berlin, simulated moving from traditional property taxes to two-way. It’s just computer simulations, but the best I can tell, it would encourage income growth and employment growth and it might even, and this is against intuition, could even increase land prices. On the one hand, it’s taxing land more heavily, but if in the process it’s encouraging income and employment growth, it could even increase land prices. If it did, that would really be a win-win. It doesn’t get much better than that."
Land Value Taxation means lower taxes for most, higher taxes for some, but all benefit.
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