"Tony Bryer" wrote in message
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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.

Yep! It is amazing how many just can't figure out something so simple.