The Thriving Economy policy paper isn't ready for Conference to debate, so ALTER won't have our own fringe meeting. However there are several fringe meetings where "Keep what you Make; Pay for what you Take" will be pushed by us. Can you help? See below
Land Value Tax (LVT) is a levy on the unimproved value of land, it disregards the value of building, personal property and other improvements to real estate. LVT has been referred to as "the perfect tax" and the economic efficiency of a Land Value Tax has been known since the eighteenth century. LVT is a progressive tax in that the tax burden falls on titleholders in proportion to the value of locations, the ownership of which is highly correlated with overall wealth and income.
Is ALTER on the side of Generation Rent - the under-40s finding it harder every year to get a foot on the housing ladder? Of course we are.
Having been rejected for the Autumn Conference, ALTER is supporting efforts by Andrew Dixon and others to promote progressive reform of domestic property taxes again at the Party's Spring Conference.
Like its founder, the Adam Smith Institute (ASI) has always spoken up for LVT in general terms but once again it has published a muddled report that merely recommends its introdction on "major [housing] developments". The ASI report recently had a little mainstream publicity and can be found here https://www.adamsmith.org/news/build-build-build-and-beat-the-germans-again
The German state (Land) of Baden-Wurttemburg has taken the historic step of legislating to introduce a state-wide Land Value Tax. See https://www.grundsteuerreform.net/aktuelles/ for details (you may need to translate from the German).