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Doctor Drivel[_4_] Doctor Drivel[_4_] is offline
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Default If Scotland gets independence

jgharston wrote:
Doctor Drivel wrote:
Liverpool with derelict buildings, similar to Glasgow, attempted to
get Land Valuation Taxation through to clear up the dilapidated
buildings a few years ago.


How would Land Valuation Taxation clear up dilapidated buildings?


All land is taxed full value on its "value". That is, if a building is on it
or not it gets taxed. It stops harmful land speculation and hoarding.
Currently a deliberately uninhabited building pay no tax. Harrisburg in the
USA cleared most derelict building very quickly using LVT.

The Jubilee Line extension costed £3.4 bn, but the land values around the
lines went up £14bn - enough for 4 extensions. Landowners got rich in their
sleep. :and values are created by community activity NOT the landowner.