
Originally Posted by
Ged
I wouldn't even give any back to the owner. Make it known that any ownership of buildings has a clause of them being upkept and place a full council tax on them. Who'd want to own them then in a run down state?
Land Value Tax would sort it out. It was introduced by Pittsburgh and all the derelict and run down properties disappeared. Money men were sitting on them waiting and hoping for a killing in years to come.
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LVT has no income tax, so all your wages are your own and it you work harder you keep it all. LVT is a tax on the "value" of land - all land even agricultural land. So, no aristocracy owning half of Scotland and paying no tax on all that land. If they can't utilise the land then they have to sell it to someone who can.
The teachings of economist Henry George, known as Georgism. A brilliant system that is partially used throughout the world. The UK was to introduce it pre-WW1, but the war got in the way. Money people and landed aristocracy hate the system as it would mean they would have to sell the land to make it useful.
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