Welsh Land Value Tax
Wales AP Member Mark Drakeford
Without fear of contradiction, it is easy to assert that the concept of tax reform now from 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.
As the UK totters on the edge of a double recession, legislative powers have devolved in Scotland, Wales and Northern Ireland. Wales in particular needs a broad-based economic development philosophy, and land value tax is now in the mix thanks to the involvement of the Welsh Labour Party.
last week in the Welsh assembly,Mark Drakeford introduced a short debate on land value tax, seen here in this BBC broadcast. The drumbeat continued in this article from Wales online.
Since so many cities in Pennsylvania use land value tax, and since so many urban areas and Wales are so similar to Pennsylvania – right down to the history of coal – it would seem only natural that Pennsylvania's Cambria County ( among others) can offer the land value tax to its namesake as a variant of globalization that could work for the greater good in a practical application.
Urban and Rural Wales: Room for Both