Radio Activity: It's in the Air for You and Me*
Land Value Taxation is not just about tax revenue collected from property values in cities. It's also about identifying rent-seeking and monopoly privilege that increase burdens on communities, commerce and citizens. LVT addresses these universal issues: wherever one looks for it, one can find it.
A superb example is the periodic tussles over the air, specifically, the bandwidths of the broadcast spectrum inherent in nature. Currently, a big "auction" of bandwidth in the US has been mooted. Like all auctions, the spectrum sector goes to the highest bidder, its' a "one and done" process.
In a recent letter to the Wall Street Journal, UrbanTools Director Nicholas Rosen proposed a more sensible way for commerce to access this natural resource for the betterment of both we the people and commerce: rent, instead of auction.