“The earth , therefore, and all things therein, are the general property of all mankind , from the immediate gift of the creator…. there is no foundation in nature or in natural law why a set of words upon parchment should convey the dominion of land.”
Wm Blackstone 1723-1780
“Give me the ownership of all the land and I will move the earth? no, but I will do more. I will undertake to make slaves of all human beings on the face of it.”
Mark Twain (1835 – 1910)
Poverty is the worst form of violence.
A tax on ground-rents would not raise the rent of houses. It would fall altogether upon the owner of the ground-rent, who acts always as a monopolist, and exacts the greatest rent which can be got for the use of his ground.
Adam Smith 1720-1790
Historic validation of land Value Taxation
- As long ago as 1776, the great Scottish economist and philosopher Adam Smith laid down four principles which he said a tax ought to satisfy:
- Taxpayers should pay in proportion to benefit received.
- Land is something which no human being has created. Anybody owning land derives benefit from that ownership, and the benefit he derives is proportional to the value of the land.
- The liability of a taxpayer should be certain, not arbitrary.
- A taxpayer’s liability for LVT is related exclusively to the value of his land. The value ofa site can readily be assessed by any valuer.
- The tax should be levied in the way most convenient for the taxpayer.
- A regular tax of this kind can be collected in the form, and at the intervals, which suit the taxpayer.
- A tax should take as little as possible from the taxpayer in excess of what the State requires.
- Because the value of land is so easy and, cheap to assess, the cost of that assessment and subsequent collection is low by comparison with the revenue received.