Pyradius Berning
Jul 20, 2017 · 1 min read

Great ideas, and I would suggest considering Land Value Taxation in particular vs. targeting “corporate” or “foreign” aspects specifically. In doing so, you accomplish your ultimate goal anyway (encouraging locally generated $$$ to be spent locally) without targeting any particular group specifically.

Taxing the unimproved value of land only encourages development, and the opportunity can be used to shift taxes off of sales, income, payroll (which provide the lower-income ‘relief’ you are looking for). To be sure, those on fixed income (retirees) will likely still need some protection.

While some of your targets may be the bigger-name offenders, there are plenty of local wealth landowners in every locale around the nation that engage in this speculation. They should be ‘encouraged’ to put this land into productive use vs. holding it out of production to drive up prices.

Some resources regarding the application of Land Value Taxes —

https://blog.p2pfoundation.net/successfull-examples-of-land-value-tax-reforms/2011/02/05

http://www.grundskyld.dk/2-assessment.html

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    Pyradius Berning

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