ALTER to run stall at Croydon Libdem Conference
ALTER will be running a stall at the forthcoming London Regional Libdem conference, to take place on:
16 Oct 2012
ALTER will be running a stall at the forthcoming London Regional Libdem conference, to take place on:
Video by EarthsharingCanada demonstrating the improved land use that Land Value Taxation would bring to our cities.
Land Value Tax would be payable each year depending on the location and size of a plot. We advocate that it should replace some existing taxes. It should not add to the overall tax burden, its purpose is to shift tax away from income taxes . Land means the site alone. A vacant plot in a row of houses would be taxed the same as a similar built-on plot. It taxes the size and location of he plot. It does not tax buildings or other works.
This is a vital time for us to get Lib Dem policy on tax changed. While we are in Government, we may influence Conservatives in the Coalition, several of whom are persuaded (intellectually, if not electorally) of the merits of Land Value Taxation (LVT).
In just a few days' time Liberal Democrats will be invited to decide whether to endorse their Party's unswerving support for George Osborne's
The Independent: Nick Clegg's conference speech: 'Tax Wealth, Not Work' should have been the slogan, but it should be "Tax rents not work" but the public don't understand the economic meaning of rent. So ALTER finds itself using the slogan "Tax wealth not work" on one of our banners even though Land Value Taxation is not a wealth tax. Buildings and other wealth go untaxed under a tax system based on rents. There is no need to tax wealth if you are taxing economic rent or unearned increment as Churchill called it. By taxing rent you tax the unearned accumulation of wealth, as much of the wealth of the very wealthy comes from rents not enterprise. For every entrepreneur like Dyson there are probably 100 or more that got much of their wealth from rent. We also use "Tax land not work", but that makes it look like its the only form of Rent we are proposing to tax or that the burden of the tax falls on green fields, when we propose little or no revenue would come from this source. So unless someone can come up with