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Coalition for Economic Justice launches No.10 e-petition: taxLess4more

8.37.00am GMT Thu 4th Mar 2010

The Coalition for Economic Justice (CEJ), of which ALTER is a member, has launched a petition on the No.10 website, which reads:-

"We the undersigned petition the Prime Minister to replace taxes on earnings, goods and services by a charge on the unearned rental value of land, thereby raising public revenue in accordance with natural justice, reducing inequality, encouraging economic development and restoring prosperity while preventing 'boom-bust' cycles."

The petition supports Liberal Democrat policy, which is to introduce Land Value Taxation (LVT) nation-wide "in the longer term" and which already includes an important element of "tax fairness" by raising income tax thresholds for millions of low earners - and closing tax loopholes used by the rich, which largely derive from unearned increased in land value.

Controversially, CEJ has recently decided to affiliate with the Tax Justice Network (TJN) - which has in the past dismissed LVT as part of the solution to economic problems. ALTER Chair Cllr Dr Tony Vickers, who voted to associate with TJN at CEJ's Steering Committee, says: "There is more to be gained from influencing TJN than there is to be lost by diluting the message that a Tax Shift would make tax evasion less profitable for the rich". The TJN says it will promote the CEJ's e-petition.

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Previous news story: Facing issues when implementing LVT (Mon 1st Feb 2010).
Next news story: Larry Elliot, Guardian Economics Journalist, In Support of a Land Valuation Tax (Tue 23rd Mar 2010).

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