Difference between revisions of "Land value tax"
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− | A [[land | + | A [[land value tax]] (LVT) is a form of [[property tax]] which has been proposed as an alternative to the currently-popular (at least in the {{USA}}) property-value based property tax (PVT). The effective difference is that the LVT is based solely on the value of the land, while PVT includes the value of "improvements" (typically buildings). |
It is apparently in wide use in many developed countries and in some regions of the US. | It is apparently in wide use in many developed countries and in some regions of the US. |
Latest revision as of 16:05, 11 November 2019
About
A land value tax (LVT) is a form of property tax which has been proposed as an alternative to the currently-popular (at least in the United States) property-value based property tax (PVT). The effective difference is that the LVT is based solely on the value of the land, while PVT includes the value of "improvements" (typically buildings).
It is apparently in wide use in many developed countries and in some regions of the US.
Links
Reference
- Wikipedia
- Conservapedia apparently does not hate it
RationalWikiSourceWatch