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New Zealand had an LVT for ~100 years. I always like to share this thesis document when the conversation comes up: https://openaccess.wgtn.ac.nz/articles/thesis
by gardnr 1y ago
New Zealand had an LVT for ~100 years. I always like to share this thesis document when the conversation comes up: https://openaccess.wgtn.ac.nz/articles/thesis/The_Use_of_Land_Value_Taxation_In_New_Zealand_1891_-_1991_/17147717 https://openaccess.wgtn.ac.nz/articles/thesis/The_Use_of_Lan...
- deleted 1y ago[deleted]
- eru 1y agoSingapore has a sort-of LVT if you squint hard enough: They auction off land for 99 year leases at a time.
- apexalpha 1y agoPart of the summary: The way land tax was designed resulted in a limited focus on results. This created a tax system that was largely ineffective; it was too narrow to work as either a revenue or social policy tool and for decades persisted without any obvious purpose. Attempts to revitalise it in the 1980s had some success but did not fix most of its underlying problems. Ultimately land tax was abolished in 1990; not for ideological or functional reasons but because it, and the Fourth Labour Government, were unpopular, an election was imminent and abolition was seen as a way to reduce the chance of the government losing.
- robocat 1y agoHere's a biased article on the historical political failure of land-value-taxes in Britain: https://worksinprogress.co/issue/the-failure-of-the-land-value-tax/ https://worksinprogress.co/issue/the-failure-of-the-land-val...