ALICE: Legislation for the rest of us
Some years ago, noted journalist and public servant, Walter Rybeck
worked with Bill Filante, a
California GOP State Senator to prepare and disseminate model legislation to enact land value taxation. The venue at that time was ALEC, which at the
time prepared legislation with a conservative and free market bent, much in
line with GOP philosophy at the time (ALEC
has changed quite a bit since the 1980s, and the entry has disappeared.)
Now, there’s an active group providing Progressive model legislation.
Glasgow: time to stop the private warehousing of land
In 1843, a newspaper named"The Economist"
came into being with amission that promised
to discuss and promote ideas of fair trade, liberal economics, free markets and issues of taxation and rent.
Current News Item
, Economic Policy
, Fiscal Policy and Taxes
, United Kingdom
, Land Value Tax
, National Tax Policy
, Property Tax Reform
, Economic Rent
, Public Resources
, Public Works
, George Osborne
Pop it now!
Moseying through the tinny yet strident “news” from the real
estate markets that housing is on the rebound.
To the real estate industry and theirflacks
in the press
, we're meant to believe any increasing equity will redound to
the benefit of homeowners. Not quite.
Remember where it all started: the unholy triangle between activist
government (everybody gets a house with NO money down) crooked to lazy lenders,
and banks who wanted a piece of the action (even though they had no clue
The drum beat gets louder for serious and sustained debate on all sides of the political spectrum - and all areas - of the UK for land value tax. From those of us in the US, the pace is dizzying, and is in stark and disgraceful contrast to the fear of all political sides to grasp the nettle, and fix the long retraction that affects all parts of the nation.
This week, the Guardian, a reliably left-of-center newspaper of record has yet another articleengaging LVT,
(Coincidentally, the Economics correspondent of the Guardian
Two UrbanTools directors, have struck again in the editorial pages of the Financial Times and the Pittsburgh Post-Gazette. In the June 28 edition of the financial Times,Nicholas Rosen
challenges Nobel prize-winning economist Joseph Stiglitz to posit a solution to the problem of growing wealth inequality and economic dysfunction in the United States. Dr. Stiglitzaccurately names rent seeking
as a prime culprit. Curbing the abuses of rent seeking is not just a matter of changing the law however; it is a matter of changing our tax system in the manner of the
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 identifyingrent-seeking
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 thebroadcast spectrum
inherent in nature.
What do we mean when we say we must tax that which is immobile?
In our reality of disappearing borders, a global interplay of
commerce, capital and labor, a sensible urban society wants to tax that which
is immobile. If we want to maintain
cities as the engines of our culture, they need to have a reliable source of
Land and land values are the
textbook definition of immobile. It is
understandable that some may insist that the traditional property tax - falling
on land and buildings – is also immobile; yet a closer examination informs us
that buildings can suddenly become very mobile indeed.
Assaults on the property tax have been commonplace in the US (and Australia,New Zealand, etc.) in the past few decades. We think that the property has a lot wrong with it; but its a situation that calls for a scalpel not an atom bomb. Here are some basic alternative solutions, including the land value tax as a way to abolish the tax on buildings.
Four Ameliorations for
Assessment Increases or Tax Increases: an Analysis
William Batt, Ph.D.,
Joshua Vincent, ED
Abandoning outdated land values will harmonize Taiwan's many species of land and property taxes...
The tax policies of Taiwan has always made it a successful outlier, one of the few Asian Tigers to prosper right after World War II, and doing well until the recent global slump. A lynchpin of that policy is value-based land taxation. Even though the agricultural land tax is moribund (since 1985), it has been argued that the goal of that tax, to free up large estates (in the manner Denmark's
Welsh Land Value Tax
Wales AP Member Mark Drakeford
Without fear of contradiction, it is easy to assert that the concept of tax reformnowfrom global to local has taken off in the past three years. The global economic downturn still lasts, and postindustrial areas in North America, Europe are in particular need of a way to level the playing field with more efficient and competitive Asian, African and Latin American markets.
Although governments may dither, leaders have emerged all over the world ready to challenge dominant, smug yet failed policies.