Living rooms have shrunk?

[Roger928]

Yes silly me, I nearly forgot...the council estate hovel you live in would never generate a high rate.

 

[JohnD]

silly silly roger

resorting to his own world of fantasy in an attempt to cobble together a childish insult.

 

[SirGalahad]

Notch7 cannot scrutinise something if he lacks the tools to scrutinise. If he is calling LVT as the most distortionary of taxes then he must know something that David Ricardo, Adam Smith, Nobel Laureates and everyone who has actually studied the subject of economics don't know and are wrong.

So anonymous internet person vs whole body of economics

Do you know what a deadweight loss is in economics before you try google it and try to glean a superficial understanding.

So you want some numbers sure. Read these two books and this study then we can discuss and a calculation - hope you know how to use log function.

As to the planning argument - I posted a point which you failed to address - planning permission is a policy variable and not a market good.

https://www.nuffield.ox.ac.uk/users/Muellbauer/PROPTAX-MAR06.pdf

https://www.ifs.org.uk/publications/mirrleesreview/ - there are two books - please read both

http://www.bath.ac.uk/publications/...-london/attachments/land-value-tax-report.pdf

Thats a study based on london with rates.

 

[SirGalahad]

But you would have a population of 130 million.
And you think lvt tax is the answer? Your living in cloud cuckoo land.
The parasites are not the wealthy in this country. The parasites are the welfare spongers, foreign bred slackers, overpaid public sector workers guaranteed gold plated pensions etc.

What happened to you? How do you actually get through the day with so much hate and being wrong so often?

 

[JohnD]

it's the weekend, he can't get his prescription refilled until Monday.

 

[JohnD]

Notch7 cannot scrutinise something if he lacks the tools to scrutinise. If he is calling LVT as the most distortionary of taxes then he must know something that David Ricardo, Adam Smith, Nobel Laureates and everyone who has actually studied the subject of economics don't know and are wrong.

I'm sure even notch can get to grips with page 1 of the Bath document. Perhaps it will steer him away from some of the insane fantasies he bases his arguments on.

 

[securespark]

public sector workers guaranteed gold plated pensions etc.

Yeah, right. pensions are so not what they once were. Those days are over.

 

[Notch7]

One of the key factors I read here is that land id a factor of production.

My understanding is that current thinking has moved on, there is a new factor of production: knowledge.

Economic enterprise can now exist without land.

The largest companies in the world are now internet companies. They can generate income from the UK without a need for land, or land at a much smaller ratio to turnover than traditional business.

Does LVT work for them?

 

[Notch7]

Notch7, LVT promotes the free market and enterprise by removing harmful penalties. Look at Hong Kong and Singapore.

Singapore is interesting:

1. It starts from a position where the government own most of the land

Following on from significant land acquisition from the 1960s onwards, the main supplier of land for development in Singapore is the government

2. It concurs with what I posted, LVT cant work without radical change to planning.

Whether the political will to radically transform the UK's planning system in this manner actually exists is, of course, an entirely different question.

 

[hard-work]

2. It concurs with what I posted, LVT cant work without radical change to planning.

LVT cares not who owns the land. It is a levy on all land. Whether the values of the land is all in a small area or spread across the country, it does not matter, it still collects. Get it?

 

[hard-work]

One of the key factors I read here is that land id a factor of production.

My understanding is that current thinking has moved on, there is a new factor of production: knowledge.

Economic enterprise can now exist without land.

Classical economics only recognises as the factors of production as: LAND, LABOUR, CAPITAL. I do not recognise Entrepreneurship.

The largest companies in the world are now internet companies. They can generate income from the UK without a need for land, or land at a much smaller ratio to turnover than traditional business.

Does LVT work for them?

The largest organisations in the world are not internet organisations. They need land somewhere to operate. They cannot exist in a vacuum or in the middle of a desert. They need land and people. They use the electromagnetic spectrum, the telephone network, of which charges are applied. A solicitors can generate more wealth than an iron forge company occupying far less land, as it stands.

 

[transam]

dunno about any of this caper ?? I assume that LVT stands for land value tax ???? or ??????

 

[hard-work]

The country doesnt have LVT currently, to introduce it would entail huge tax payments due from the wealthy.

No it would not. Only those with high value land. I have come to the conclusion you are exceptionally thick.

 

[hard-work]

But you would have a population of 130 million.

But the country would still be largely empty.

And you think lvt tax is the answer? Your living in cloud cuckoo land.
The parasites are not the wealthy in this country. The parasites are the welfare spongers, foreign bred slackers, overpaid public sector workers guaranteed gold plated pensions etc.

Oh NO! Another dumb Daily Mail reader.

 

[hard-work]

I see, so you want to put forward your claimed benefits of LVT, but if I ask questions or scrutinise, I am ingorant.

Many people have attempted to explain something so simple to you, with videos to help you along, but come back with the same old nonsense, displaying you cannot gasp something so simple.

What do you hope to gain? If you to sell something, do you think the most successful way to promote is to tell the buyer they are ignorant?

You can be as rude as you like, Im just interested to know if you consider your approach one of positive persuasion

A good salesman knows when he has a good product and a prospective punter cannot grasp it - he then moves on to those who can gasp it.