tag:blogger.com,1999:blog-1141932539860553199.post5925222064866886617..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer Arguments Against LVT, Not (405)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1141932539860553199.post-45829258940688552552016-09-09T07:58:37.860+01:002016-09-09T07:58:37.860+01:00BJ, yes but that is a bit sophisticated. I was try...BJ, yes but that is a bit sophisticated. I was trying to explain in as few words as possible why the assumption is nonsense.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-81666068111207257772016-09-08T16:02:51.163+01:002016-09-08T16:02:51.163+01:00"I'm not convinced it would work. Taxing ..."I'm not convinced it would work. Taxing land ownership would give people the incentive to own no land and instead rent. "<br /><br />LVT is rent that everyone pays, not just as renters do now. Owner occupiers simply pay is as a tax to the State, which becomes collector of rents for the whole nation.<br /><br />Which levels the playing field for all participants, allowing the market to allocate resources more efficiently.benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.com