Land Tax Books - The Case for a New People's Budget (Lib Dems ALTER)

Lib Dems ALTER <info@libdemsalter.org.uk>

The Case for a New People's Budget by Tony Vickers £5 + £2 Post and packaging.

Foreword by Vince Cable that sums up why it is a "must read" for Party activists who are serious about Lib Dem prospects for power after next year's General Election.

In Vince Cable's own words:

The booklet demonstrates that LVT is not just another property tax, important though it is that property should not go untaxed. LVT is already part of our taxation policy. As a first step we want to see commercial rates replaced by site value taxation. But this is only a first step towards a wider system for taxing land values. The writers argue that LVT has far-reaching effects on breaking down monopoly land-holdings, on encouraging new enterprises and raising the levels of earnings, on recovering the cost of major and minor public works, on supporting small-scale farming and the cultivation of marginal land, on stabilising house prices and, perhaps most importantly, reducing the disparity between the rich and the poor.

These are large claims but they spring from a fundamental view that the wealth produced over the centuries by the efforts of the community is reflected in land values and is therefore a proper target for taxation. ALTER has done us a service by assembling these arguments at this time.

Location Matters: Recycling Britain's Wealth