Tag Archives: land value taxation

Launch of All Party Parliamentary Group on Land Value Capture

In July of this year ALTER floated the idea of a Progressive Alliance round Land Value Taxation and put out a call for the formation of an All Party Parliamentary Group on Land Value Tax in advance of our fringe at Bournemouth on this theme.

In a pre-budget speech in the City of London this week, Sir Vince Cable laid out Liberal Democrat proposals for tax reform including investigating the feasibility of Land Value Taxation (LVT).

He said;

Authoritative analysis of the British tax system, notably the Mirrlees Report, makes it clear that the taxation of land is the

Posted in News and Parliament | Also tagged | 37 Comments

It’s time for an All Party Parliamentary Group on Land Value Taxation

The rioting in Hamburg on the occasion of the meeting of the G20 this month highlights the oftentimes violent confrontation that exists between alternative theories of capitalism and socialism, as represented by the established orthodoxy and those that would seek to tear it down.

 At the heart of this conflict lies differing interpretations of economic theory, often depicted simplistically as left v right; Keynes v Hayek; socialism v capitalism; social liberalism v economic liberalism; or progressives v conservatives.

Henry George’s Progress and Poverty envisioned a capitalism that would allow all people to own the product of their labour, but that things found in nature, particularly land, belongs equally to all humanity. 

Posted in Op-eds | Also tagged and | 36 Comments

A progressive alliance round Land Value Taxation?

The Grenfell Tower fire has focused attention on the extent of the crisis in the UK social housing system.

Reverend Paul Nicolson of Taxpayers Against Poverty comments:

There are rows of empty “investments” in London, and the four big builders have 600,000 unused plots in their land banks.

The Liberal Democrat 2017 Manifesto included genuinely progressive housing proposals

  • a new national Housing and Infrastructure Development Bank,
  • increasing housebuilding to 300,000 homes a year
  • allowing councils to end the right to buy, lifting the borrowing cap and targeting “buy to leave” empty homes with a 200% council tax.
  • penalising land-banking with with a penalty on failure to build after three years of winning planning permission.
  •  a “community right of appeal” in cases where planning decisions go against the approved local plan.
  • a “rent to buy” model, where rental payments give tenants an increasing stake in the property, leading to outright ownership after 30 years.

However, the manifesto incorporated only a single sentence with respect to LVT. “We will also consider the implementation of Land Value Taxation.”

Labour’s manifesto went a little further with respect to describing its LVT intentions promising:

 We will initiate a review into reforming council tax and business rates and consider new options such as a land value tax, to ensure local government has sustainable funding for the long term.

The Greens promised “Action on empty homes to bring them back into use and a trial of a Land Value Tax to encourage the use of vacant land and reduce speculation.

The SNP have previously included LVT proposals in their manifesto and at their spring conference this year adopted a resolution “must include exploring all fiscal options including ways of taxing the value of undeveloped land” in its gradual land reform programme.  Other parties like Plaid and the Alliance Party have incorporated LVT proposals in the past.

Posted in Op-eds | Also tagged | 67 Comments

ALTER Questions the Leadership Candidates
 on the Land Value Tax and Economic Reform

ALTER is an Associated Organisation within the Liberal Democrats dedicated to advancing the causes of the Land Value Tax and other economic reforms. We chose to use the leadership contest as an opportunity.

We are aware that party policy is not determined by the leader, it is instead determined democratically by members at federal conferences. However, it is our experience that the leader has a large amount of influence in terms of which policies are given priority. So although motions and amendments on the Land Value Tax have been regularly passed at conference with near unanimity, the party has largely been quite shy about the policy, leaving it hidden within the small print of our manifesto rather than properly campaign on it.

For this reason we wished to challenge both leadership candidates as to whether they’d be willing to grasp the nettle and get seriously behind LVT, and also take their view on other areas of economic reform including workplace democracy and monetary policy.
We sent our questions and their responses are below.

Land Value Tax

Whenever the Land Value Tax has been debated at a Liberal Democrat conference, support for it is almost unanimous. While the party has consistently supported introducing the Land Value Tax, it has in recent years been highly shy about it. ALTER had to fight for it to even make the small print in our manifesto.

As leader, would you be willing to grasp the nettle and make it a front and centre policy?

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