[diggers350] to tax or not to tax land?
petercrispin at yahoo.co.uk
Mon Sep 17 10:31:35 BST 2007
this is a good idea..are you putting it out to
people..it could also be used to rebuild local
authority agricultural tenencies so that young people
have access to faming.
how are you getting it out there?
--- james armstrong <james36armstrong at hotmail.com>
To tax land or not to tax? That is the question.
To reconcile the difference between the taxers and non
Tax land! - But in land! Just as income is taxed in
Dont contemplate taxing land in cash -
since the cash will certainly disappear into the
coffers of the exchequer
Use the forfeit land as the core of a national land
Sell the *usufruct -only- out of the land bank for use
for housebuilding, farming etc
This has a huge benefit , It breaks the present near
'monopoly' of land ownership
as identified by Kevin Cahill.
Once a significant alternative to monopoly land is
the monopoly is broken and with it the present ability
to charge monopoly prices.
for land and for houses
with care the project can be designed to be
making it progressively easier to acquire further
tranches of land at cheaper rates
Usufruct income can be used to purchase further land
(at a punitively low purchase price)
to further increase the land bank.
'Eminent domain' the legal doctrine, justifies
compulsory purchase of land when needed
as for railways, canals, MOD training areas etc now
more justifiably for house building low impact
dwelling and sustainable country small holdings
Compulsory purchase powers exist and go back to 1947
Compulsory purchase is now justified
by the total failure of the present proprietary system
which is daily systematically abused.
Housebuyers pay a private tax to land owners
Currently £56,000 for the land hidden under each house
The scheme can be developed to favour (by tax and
planning breaks) developing usufruct land
With a view to making it cheaper to develop usufruct
land than developing proprietary land
The planning system , remodelled and used creatively
has huge unrealised potential for remaking the present
decrepit land system
"Use it (yourself) or lose it" would be a guiding
Used creatively it can bring our literally feudal land
system to serve modern needs
Capturing existing CAP funding, and capturing planning
windfall can fund the national land bank growth
This will have the effect of devaluing CAP-less
development-less propietary land
and making it easier to buy out land 'owners'.
And add over the years incrementally to the land bank
of usufruct land
And eventually leave the ownership concept relict .
taxing land has one great advantage- it is legal in
Confiscating land without payment is unlawful and
possible but tiresome.
all land can be safely gathered in to the national
* 'Usufruct' , is 'the use of' not 'absolute rights
over' not 'the thing itself'
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