TAXING LAND VALUE IS JUST ANOTHER QUESTIONABLE TAX.

Hartwich, Oliver Marc

There has recently been much public debate about the introduction of a land value tax. To its supporters such a tax promises to achieve several goals simultaneously. On closer inspection, however, the arguments in favour of land value taxation are not convincing. On the contrary, the economic foundations on which proponents of this tax rely are dubious, and there are significant legal, moral and practical problems with land value taxation.

LAND value taxation; REAL property tax; VALUATION of real property; TAX assessment; TAXATION; TAX laws; PUBLIC finance; LANDOWNERS; BUSINESSPEOPLE

Economic Affairs, 2006, Vol 26, Issue 4, p61

0265-0665

Academic Journal

10.1111/j.1468-0270.2006.00671.x