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> what more do you want them to impose? The point of land value tax is to remove all those other taxes (at least, I wouldn't support introduction unless it did
by tome 5y ago
> what more do you want them to impose?
The point of land value tax is to remove all those other taxes (at least, I wouldn't support introduction unless it did).
- 2Gkashmiri 5y agowould that result in less collection of taxes or more? because current implementation of cascading effect means more and more taxes are incurred, which while increases the price of property, gives taxes to government which is just that
- tome 5y agoWhether the overall tax take is more or less depends on the LVT rate! But I think proponents of LVT say that when introducing the tax the rate should be set so that the overall tax take is the same.