On 15/03/2012 01:16, Doctor Drivel wrote:

Such confusion and misinformation. Land Valuation Tax is on the value of
the land only and payable only by the landlord. It cannot be passed onto
the tenant in the rent, as the landlord charges the highest the market
will bare right now. LVT gets land prices down and prevents land
speculation and hoarding.


SO how do you value the plot of land with my house on. It only has value
because it had a house on. But the value is in the house on the land. If
I knocked the house down it would only be worth what agricultural land
went for in the area. Someone may pay more because they may hope to get
planning permission to build a house on the plot. But even you can't be
suggesting taxing something that is only a possibility in the future?