The Liberal Democrat campaign for Action on Land Tax and Economic reform has recently released a new video to explain the virtues of a Land Value Tax — described by ALTER as ‘making taxation more progressive and addressing the injustice of economic rent, it would encourage development and boost the economy. It’s the kind of measure that our country is in desperate need of right now.’
The campaign doesn’t start and stop with a video, though, with Land Value Tax also being pushed in parliament as an alternative form of local taxes:
This comes at an exciting time when Caroline Lucas, working with Lib Dem MPs such as Adrian Sanders and Martin Horwood, has submitted a private members bill calling for the Government to look into replacing Council Tax and Business Rates with a Land Value Tax, and to report back within a year. Her bill will be debated at its second reading on 6th November.