On Wed, 21 Mar 2012 02:25:08 +1100 Rod Speed wrote :
Thats in addition to the LVT thats what the rates are
because the rates are determined by the value of the land.

No, a *Land Value* Tax is just that, a tax on the value of the
land, regardless of what is put on it. The argument for a LVT
is that it encourages landowners to maximise the use of their
land (within the constraints of PP etc) and penalises
landbanking and the like.

--
Tony Bryer, Greentram: 'Software to build on',
Melbourne, Australia www.greentram.com