Why Land Value Tax is pro-Business

Business rates in the UK are not fit for purpose, and MPs are calling for its reform, reports the Telegraph. Predictably, their remedy is to load all taxes onto profits and productivity; the Telegraph treasures a vision of a Britain that is a paradise for land speculators and hoarders who should have to pay nothing to maintain their huge land banks of unused land.

ALTER has a more sensible proposal, published today and written by our Vice-Chair Dr Tony Vickers. As Dr Vickers states, "Land ownership per se is an entirely passive function, yet it feeds off production and wealth creation and feeds into perverse and damaging speculative behaviours ".

Come and visit the ALTER at the Liberal Democrat spring conference in York and listen to Dr Vince Cable and Michael Meadowcroft at our fringe.