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TAXING LAND VALUE IS JUST ANOTHER QUESTIONABLE TAX
Author(s) -
Hartwich Oliver Marc
Publication year - 2006
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2006.00671.x
Subject(s) - land value , value (mathematics) , economics , public economics , law and economics , double taxation , tax reform , direct tax , value added tax , natural resource economics , machine learning , computer science
There has recently been much public debate about the introduction of a land value tax. To its supporters such a tax promises to achieve several goals simultaneously. On closer inspection, however, the arguments in favour of land value taxation are not convincing. On the contrary, the economic foundations on which proponents of this tax rely are dubious, and there are significant legal, moral and practical problems with land value taxation.