"Martin Edwards" wrote in message
...
On 31/08/2012 22:05, News wrote:

"Bruce" wrote in message
...

It's a lot easier to build on a green field site and usually
considerably cheaper. Add the lower construction costs to the much
lower cost of buying agricultural land on the outskirts of towns and
cities compared with land values in and near town centres and there is
a clear incentive to develop green field sites which the housebuilders
already own compared with brown field sites which they don't.

Experience shows that by far the best way to facilitate development of
brown field sites is for the public sector to pay for site clearance
and remediation

The best way is to slap land valuation taxation on all land. The
landowners soon get it profitable. And no public expense to do so.

But will the tax on my garden be higher than my present council tax?

Land Valuation Taxation (LVT) is on the VALUE of the land, all the land not
just the garden. It does not tax the capital, the building. In its purest
form there will be no Income, Sales, Inheritance tax or tax in interest.
Calculations have been done that show a man on £40K per ann as an
owner/occupier will be approx, £6.5 to £7K per ann overall. As time goes on
the revenue HMG needs will be less as more enterprise is encouraged and
economic parasites eliminated. So, the £7K saved will increase. The Welfare
state will diminish as people gain control of their lives pushing HMG into
the background. Speculation on land is near eliminated - so no land fueled
boom and busts - as the 1929 & 2008 world-wide crashes were.

http://www.landvaluetax.org/what-is-lvt/

LVT