Art and the Greens are on the right track with the land value tax. Land value is the appropriate source of revenue for public services because all land value, 100%, is created by the community. This means first that increasing population over time results in increased land prices and second all government services result in higher land value because land and locations become more useful/valuable to the people who are willing to pay more for access to the land of the community served.
Art and the Greens are on the right track with the land value tax. Land value is the appropriate source of revenue for public services because all land value, 100%, is created by the community. This means first that increasing population over time results in increased land prices and second all government services result in higher land value because land and locations become more useful/valuable to the people who are willing to pay more for access to the land of the community served.
ourearthhome 3 years ago