> important one to figure out if land value taxes are to succeed in practice. LVTs have succeeded in practice over the long term in many places. Australia, Hon

> important one to figure out if land value taxes are to succeed in practice. LVTs have succeeded in practice over the long term in many places. Australia, Hong Kong, Taiwan, parts of Europe (Hungary?) Of course it's all a question of how high the land tax is. In Australia it's generally 1.5 percent or thereabouts. So it's one of many taxes. A long way from the Georgist ideal of LVT as a single tax. Perhaps that's what you are getting at more with this point? > the imposition of a LVT would seriously lower land values I think you need to compare to overall property taxes. Compared to them LVTs have distinct advantages in not encourage run down buildings or empty lots (e.g. car parking lots).