5. (2013 February) Good Press: What’s the Justification for a Land Value Tax?

We can’t ignore the fact that land is the property of the commons.
By Alex Hern (22 January 2013)

George Monbiot has written a passionate call for a land value tax in the Guardian today. Pointing out that the coalition has singularly failed to take any real attempt to increase tax revenue — with the Lib Dems reneging on their promise to raise capital gains tax to 50p, and both parties turning their nose up at the economically-beneficial revenue gains of a financial transaction tax — he suggests one final attempt to come up with a novel way of raising revenue which the government might support: a land-value tax.


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