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ru24.net
News in English
Май
2019

I was surprised to see this in The Telegraph

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I just stumbled across this, from three years ago:

Business rates are the closest thing we have in the UK to a land value tax (LVT). They're favoured by economists for their property of being "non-distortionary". They don't mess around with incentives, unlike many other forms of taxation.

A higher income tax may be a deterrent to earning more money in the UK, as are corporation tax hikes, but the supply of land is fairly fixed - people aren't going to change their production of it in response to higher taxes...




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