"Rod Speed" or one of his many aliases drivelled...

Alistair Gunn wrote:
Doctor Drivel drivelled

An element may be LVT, but not all. When moving over from this
current broken system to LVT, the landlord cannot pass on LVT,
as if he tried to pass on all of it by raising the rents, it implies he
was charging below market value.

The current market value being set by what people are prepared
to pay, and what they are prepared to pay is influenced by how much
money they have available. If all other taxes have been eliminted then
people's disposable income will have increased, in which case the
amount they'd be prepared to spend renting is likely to increase ...

But the LVT would be immense if it had to collect the same total
as all taxes currently do,

Sirry idiot! Studies in The UK put it that a man on £40,000 per ann would
be £6,000 better off and all revenue collected by HMG. It will all be
collected as land cannot be taken off-shore.