tag:blogger.com,1999:blog-1141932539860553199.post8630822014524746392..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer Arguments Against LVT, Not (373)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1141932539860553199.post-73983540878487696092015-10-26T10:08:39.300+00:002015-10-26T10:08:39.300+00:00@B
Quite. And I expect agricultural land prices, h...@B<br />Quite. And I expect agricultural land prices, his principal concern, were pretty ropy after the industrialist Liberal Party had got the Corn Laws removed (in order Marx accurately predicted to put down wages).<br />The plan would be to wait for the next house price reversal and introduce JSM LVT at the bottom of the downswing. Rumours of the onset of the tax then would make land prices decline further. Once in place and revalued yearly they would decline yet further. I proposed this at the inaugural meeting of a big umbrella LVT movement, which BTW I had got off the ground,but the usual Georgist natterers trashed the idea. They are nattering still.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-19981139917940379252015-10-26T07:32:42.352+00:002015-10-26T07:32:42.352+00:00I bet prices weren't at all-time highs when JS...I bet prices weren't at all-time highs when JSM said that. <br />Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-83145143039863908752015-10-25T19:06:30.368+00:002015-10-25T19:06:30.368+00:00The Poles could of course go back to a simpler Soc...The Poles could of course go back to a simpler Socialist system and <br />build loads of habitations for very low rent; so could we. Slamming on a high rate of LVT would indeed piss off loads of people in Poland (as it would here.) The idea is ,as John Stuart Mill said 170 years ago is to tax only land price increases heavily, leaving present land values untouched so land values stick at the same level for ever.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.com