ANSWERING THE QUESTIONS ON LVT

Fred Foldvary

Economic Affairs, 2007, vol. 27, issue 2, 88-89

Abstract: This article rebuts the arguments against land value taxation expressed by Oliver Marc Hartwich in the December 2006 ‘Economic Viewpoints’. This rebuttal argues that taxing land as a surplus is both feasible and consistent with modern economic concepts such as marginal productivity. Entrepreneurship is enhanced rather than hampered by eliminating taxes on wages and enterprise and shifting public revenue to the economic rent of land.

Date: 2007
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